Aug 23, 2019
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GBPUSD H4: WEEKLY CHART RE BOUNCE

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GBPUSD/ H4 / Technical Chart

Idea: Break trend line
Risk Management: 1 : 2.0
Breakeven: Every 35pips move down

Our Choice:
Long/Buy position above 1.2184 look for further upside with TP 1 1.2365 and TP2 1.2482 as targets.

Alternative:
Short/Sell positions below 1.2165 with targets at TP 1 1.2148 and TP2 1.2097 in extension.

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