Hey Guys, hope you enjoyed the scalp trade in USDJPY as we hit Take profit.
Right now, let me share another trade idea for you all.

GBP/USD is trading slightly bullish just below a strong resistance level of 1.2360. I am expecting BOE to keep the rate stable/ unchanged today. The unchanged rate is likely to make GBP bullish against its peer currencies.

GBP: Official Bank Rate
Forecast: 0.25%
Previous: 0.25%

Technical Levels:

R3: 1.2380
R2: 1.2365
R1: 1.2355
Pivot Point: 1.2340
S1: 1.2325
S2: 1.2315
S3: 1.2300

1- Unchanged FED Rate
Good to Buy Below 1.2365
SL: 1.2325
TP: 1.2380

Scalp - GBPUSD

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.