I’ve got a signal to go short in the GBPUSD, it is trading in a bearish market condition, the next LT support level is at 1.5660, so we’ve got plenty of room for a good RRR. This is how my short term chart looks like:
So I’m risking 49 pips for the possibility to make 218 (a good RRR, what do you think?)
Tags: GBPUSD Analysis
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