GBPUSD Continuation towards 1.4825 is possible
The price is still moving towards the 1M historical Low target, however, the price can U-turn at 1.4890 area, so be careful.
Short Opportunity review:
Sell Stop Order at 1.49050
Target: 1.48250
Stop Loss: 1.4940
I suggest to use a “timing” stop (Close if the price will not go in your direction within 3 bars (as an example), all depends on your trading strategy)
Short Opportunity review:
Sell Stop Order at 1.49050
Target: 1.48250
Stop Loss: 1.4940
I suggest to use a “timing” stop (Close if the price will not go in your direction within 3 bars (as an example), all depends on your trading strategy)