GBP/USD struggles to break the resistance,pullback possible!
Hello traders, in my previous idea, I recommended selling GBPUSD
between 1.4195-1.4220 with SL above 1.4307 and initial TP at 1.3950.
(previous idea linked below). So, you might have earned 130+ pips profit
when GBP/USD dropped to 1.4080 last week.
Currently, the GBP/USD bulls have not been able to break the 1.4230 resistance.
So, a moderate pullback towards 1.39 is possible.
I recommend selling the rallies between 1.4165-1.4220 with SL above 1.4250
and TP at 1.3900.
between 1.4195-1.4220 with SL above 1.4307 and initial TP at 1.3950.
(previous idea linked below). So, you might have earned 130+ pips profit
when GBP/USD dropped to 1.4080 last week.
Currently, the GBP/USD bulls have not been able to break the 1.4230 resistance.
So, a moderate pullback towards 1.39 is possible.
I recommend selling the rallies between 1.4165-1.4220 with SL above 1.4250
and TP at 1.3900.
