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GBPUSD BUY

by Remy N, March 1, 2021

GBP/USD H4 Technical

by Remy Njoroge March 1, 2021

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GBP/USD

|

Long

|

H4

Timeframe:

H4

Analysis Method:

Technical

Analysis:

USD seems to be weakening during Asia session and might persist during the day

Trade Plan:

Best to protect profits as soon as possible as USD still has the chance to strengthen later

Risk Management:

Risk 40 points for possible reward of 100+ points

Things To Watch For:

Data release at 8.30am GMT – will impact strength of GBP

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