GBPUSD-A Simple Setup that occurs 90% of the time
GBPUSD is strengthening in the long term. Here is a nice setup where we can benefit by shorting the retracement till 142.50 & then longing till 148. We can short for now by limiting our loss at 145.60. Once we have reached our target at 142.50, then we can take a long position till 148 again by taking a stop loss at 142.
A very good Risk/Reward Ratio
Good Luck!
All the Best
A very good Risk/Reward Ratio
Good Luck!
All the Best
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