Hello, my dear friends and the fellow community members,
The GBPUSD is looking bullish here. It has closed the day higher after breaking the falling trendline on the daily chart. I am looking forward to buying the pair if it is able to clear the high of Friday. So I have placed a buy stop order at 1.4110 with the stop-loss below the recent lows and target at 1.4240. Here is the entire set up.
Happy trading to all.
The GBPUSD is looking bullish here. It has closed the day higher after breaking the falling trendline on the daily chart. I am looking forward to buying the pair if it is able to clear the high of Friday. So I have placed a buy stop order at 1.4110 with the stop-loss below the recent lows and target at 1.4240. Here is the entire set up.
Happy trading to all.