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Buy GBPUSD

by Saqib I, July 5, 2022

GBP/USD H4 vol/wav

by Saqib Iqbal July 5, 2022

3
Share

GBP/USD

|

Long

|

H4

Timeframe:

H4

Analysis Method:

vol/wav

Analysis:

The price of the pair has slipped below the yearly lows of 1.1930. However, the pair has done 183% adr today. Afte a strong bearish momentum, we can expect support around 1.1900 for a 100 pip move. So good to buy with tight stop.

Trade Plan:

buy at 1.1900 or slightly below it

Risk Management:

1%

Things To Watch For:

1.1900 and 1.2000

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DISCLAIMER

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