GBPUSD – Rangebound

The GBPUSD is trading in a very well defined ST range:

GBPUSD
GBPUSD

In this case, both short and long opportunities are in play in the GBPUSD on either extreme, but once the market breaks the range, I will only look for opportunities in the direction of the breakout.

But as long as the GBPUSD keeps trading in the zone, just play the range.

Trade Safe!

Raul Lopez
http://www.protradingnow.com/

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Raul Lopez

I’ve been trading the markets for more than 15 years. I believe the best way to trade is by adapting to the market conditions. You can learn it too, join our community .