GBPUSD Potential for bullish momentum for FX:GBPUSD by VantageMarkets

On the H4, with price moving within an ascending trend and above the ichimoku indicator, we still have a bullish bias. we’re looking for a buy entry at 1.2102 where the 61.8% projection and retracement sits. If prices continues with the strong ascending trend, we’re looking to take profit at 1.2277 which is the previous swing high. Alternatively our stop loss is placed at 1.2007 where the 38.2% retracement is

Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.

Most Related Links :
todayuknews Governmental News Finance News

Source link

Back to top button