Just as Usual I'm going to make this short and precise... ( BUY ) GBP-USD
The STERLING has just retraced back to the bottom of the RANGE it has been trading for then past days .And it(the lower zone of the trading range ) being one of the the 2 areas where smart money is willing to chip in their money and commit to buying the pair once it touches that price line at 1.2287 we are ought to follow and buy the pair as well. Aiming 1.2426 as our 1st TP target
REMBERING THAT BOE (bank of England )is about to announce interest rate hikes we ought to be careful in our trading
For those with smaller accounts i would highly advice to Buy at 1.2130 aiming 1.2287 as your 1st TP and 1.2426 as your 2nd tp
otherwise GBPUSD is in an UPTREND until further NOTICE PLEASE DO LIKE AND SHARE FOR MORE ANALYSIS LIKE THIS
NB Analysis only FOR DAY TRADERS with fat accounts that are willing to hold their trades for a day or 2
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