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GBPUSD Long Trade Idea BB Breakou Strategy Update TP 1 Reached

GBPUSD Long Trade Idea BB Breakout  Strategy

Published: 06-29-2018

Forex Signal Trade Setup Free

Pair: GBPUSD

Patterns Indicators Fundamentals:  Triggered by the UK GDP, Cable made a nice bullish move . Based on the Bollinger Bands breakout strategy, our trade idea is:

TRADE: LONG

ENTRY: 1.31600

TARGET 1: 1.32100

TARGET 2: 1.32600

STOP LOSS: 1.31200

You can view the trade: https://www.tradingview.com/chart/GBPUSD/x1RKHAOh-GBPUSD-Long-Opportunity/

Update: Tp1 Reached. Close 30% of the positions move SL to entry.  Today is the end of the week. We will publish a fresh trade setup based on channel breakout strategy for premium members.

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DISCLAIMER: This is a technical analysis study, not an advice or recommendation to invest money

 

 

GBPUSD :   Forex Trading involves risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these securities. You should do your own thorough research before making any investment decisions. Chartreaderpro does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Forex involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility.

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