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GBPUSD - Strong Rally Above 1.2675
The GBPUSD has traded above the Weekly Key Price of 1.2675, establishing an uptrend in the 15-minute timeframe. Although the weekly, daily, 4-hour, and 1-hour timeframes are bearish, we focus on trading what we observe in the current timeframe. With the price trading above 1.2675 and a bullish wave structure, our action is to either buy or remain on the sidelines as long as the price stays above this key level.
Buy Entry: 1.2385
Technical Stop Loss: 1.2665
Key Level Stop: Below 1.2675
Always think in probabilities.
Buy Entry: 1.2385
Technical Stop Loss: 1.2665
Key Level Stop: Below 1.2675
Always think in probabilities.
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