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  1. Home
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  3. GBPUSD Breakout and Potential Retrace

GBPUSD Breakout and Potential Retrace

Scheduled Pinned Locked Moved Trading
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  • encryptedE Offline
    encryptedE Offline
    encrypted
    wrote on last edited by
    #1

    7657484a-c7fd-4275-a6d5-c2fe322567ac-image.png Hey Traders, in today's trading session we are monitoring GBPUSD for a buying opportunity around 1.30900 zone, GBPUSD was trading in a downtrend and successfully managed to break it out. Currently is in a correction phase in which it is approaching the retrace area at 1.30900 support and resistance area.
    Trade safe,

    1 Reply Last reply
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    • Nahid HossenN Offline
      Nahid HossenN Offline
      Nahid Hossen
      wrote on last edited by
      #2

      Breakout looks clean, but a retest would make it safer.

      Nike

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      • Abdul KhanA Offline
        Abdul KhanA Offline
        Abdul Khan
        wrote on last edited by
        #3

        GBPUSD loves fake-outs—waiting to see confirmation.

        1 Reply Last reply
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