GBP/USD: Intraday Trading Strategy – Focus on IFO Business Clima

Today, I am focusing on GBP/USD, keeping a close eye on the IFO Business Climate in Germany at 10:00 CET, which could influence market sentiment.

📌 Trading Strategy:
🔹 Buying on dips around 1.2620/1.2610, with a stop adjusted based on volatility.
🔹 Selling at 1.2699, expecting a pullback.
🔹 If the resistance breaks, I will buy and target 1.2870 as an extension.

Market momentum and reaction to macroeconomic data will be key to refining my positions. Risk management remains my priority. 🔎📊


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