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GBPUSD showing Breakout

GBPUSD showing Breakout

In 4 hours map pair showing sideways market and narrowing its the chart that shows breakout towards up or down.
Lots of important news coming on the way so we will observe the next move and trade

Check latest chart data

https://in.tradingview.com/chart/GBPUSD/ozYFO97j-In-4-hours-Chart-GBPUSD-showing-Breakout/

Today GBP have lots of news so trade wise.

We will open stop orders because right now we don’t see clear trend thats why we are opening two buy and sell stop orders.

targets and stop-loss are given below

Buy stop 1.27074
buy stop profit 1.28058
Stop-loss- 1.25405

sell stop 1.25405
sell-stop profit 1.2400
Stop-loss- 1.27074

Recommend to use small quantity

Happy Trading


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