GBPUSD Overview and Trade Idea September 7th

As we have mentioned in our morning forecast and technical analysis GBPUSD will stay bullish as long as it holds above 1.30000.

Current price of GBPUSD is 1.30700 .

We will add additional LONG positions :

TRADE: LONG

ENTRY: 1.30750

SL : 1.29800

TP1: 1.31130

TP2: 1.31600

TP3: 1.32300

UPDATE: SEPTEMBER 8TH

TP1: REACHED 

PROFIT SO FAR: 38 PIPS

STRATEGY: MOVE SL TO ENTRY AND WAIT FOR the SECOND TARGET.

UPDATE: SEPTEMBER 8TH 13:20

TP2: REACHED

PROFIT SO FAR: 85 PIPS

STRATEGY : You can close some part of your positions move SL to TP1 and wait for the TP3

UPDATE: 

TP3: REACHED 

PROFIT SO FAR: 145 PIPS

STRATEGY: AS I WROTE IN THE CHANNEL AFTER UK DATA, DO NOT CLOSE ALL OF YOUR POSITIONS. NEW STRATEGY WILL BE PUBLISHED SOON FOR PREMIUM MEMBERS.

 

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