GBPUSD currency pair Fractal

  • Apr 20 2021
  • by
  • Analyst AZA
GBPUSD currency pair Fractal

GBPUSD currency pair drew the graph fractal on the chart

For those traders who are interested in technical analysis, I would recommend paying attention to the fractal that the GBPUSD currency pair has drawn on the chart. This fractal coincides in price with the nearest resistance level.
Considering that this symbol is now in a phase of confident growth, a breakout of this level means a signal to open a long position.

Symbol: GBPUSD
Order Type: Pending Order - Buy Stop
Entry Price: 1.40150
Take Profit: 1.40800
Pips Earning: 65

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In case of opening a position on this trading recommendation, the profit can be $650.00 with the order volume is 100,000 GBP (1 Lot).

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