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GBPUSD: More Bullish Expected up to 1.2750 | January 26, 2017



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Gbpusd is now on full song with bullish movement. This pair is taking rarely retrace with this bullish rally. So sellers should wait before going sell on this pair. 1.2750-80 level can be next resistance for this pair. If we find any retrace, then we can go for long entry on this pair.
Buy trade setup
☑ 1.2600 level can be good buy levels for this pair.
☑ If any pull back candle found near to this level, open buy entry.
☑ SL will be 40-50 pips for any buy entry.
☑ TP will be 30-100 pips.
☑ If you get 30 pips profit, then close 50% position of your trade and move your SL on the entry point.
☑ Without any price action confirmation, we shouldn't go for sell on gbpusd.

Read more GBPUSD previous chart analysis
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