GBPUSD Fundamental Analysis – April 16th 2019

16 Apr. 2019
Should price action for the GBPUSD remain inside the or breakdown below the 1.3065 to 1.3130 zone the following trade set-up is recommended:
  • Timeframe: D1
  • Recommendation: Short Position
  • Entry Level: Short Position @ 1.3090
  • Take Profit Zone: 1.2770 – 1.2855
  • Stop Loss Level: 1.3200
Should price action for the GBPUSD breakout above 1.3130 the following trade set-up is recommended:
  • Timeframe: D1
  • Recommendation: Long Position
  • Entry Level: Long Position @ 1.3160
  • Take Profit Zone: 1.3330 – 1.3380
  • Stop Loss Level: 1.3090

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