The GBP/USD pair struggles to defend the first daily gains in three, retreating from its intraday high. Bearish MACD signals and cautious mood ahead of the Federal Open Market Committee (FOMC) monetary policy meeting announcements weigh on the GBP/USD.
TRADE IDEA DETAILS
CURRENCY PAIR: #GBPUSD
CURRENT TREND: ↗️Bullish
TRADE SIGNAL: ↗️Buy
👉ENTRY PRICE: 1.2505
✅TAKE PROFIT: 1.2600
❌STOP LOSS: 1.2440
#GBPUSD #forexanalysis #tradingstrategy #bullishbias
TRADE IDEA DETAILS
CURRENCY PAIR: #GBPUSD
CURRENT TREND: ↗️Bullish
TRADE SIGNAL: ↗️Buy
👉ENTRY PRICE: 1.2505
✅TAKE PROFIT: 1.2600
❌STOP LOSS: 1.2440
#GBPUSD #forexanalysis #tradingstrategy #bullishbias