Hello traders!
GBP/USD seems to be in a strong range! This is why I suggest you to keep trading the range.
Here my strategy is to go long until the resistance and then wait for a breakout (go long) or a retracement (go short). As you can see the RSI is not overbought so there’s a good range for the price to still go up. Besides, the MACD looks bullish right now so this is another good reason for going long!
Remember to put a stop loss in order to secure your capital!
Not a financial advice.
Enjoy your trade!
GBP/USD seems to be in a strong range! This is why I suggest you to keep trading the range.
Here my strategy is to go long until the resistance and then wait for a breakout (go long) or a retracement (go short). As you can see the RSI is not overbought so there’s a good range for the price to still go up. Besides, the MACD looks bullish right now so this is another good reason for going long!
Remember to put a stop loss in order to secure your capital!
Not a financial advice.
Enjoy your trade!
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