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GBPUSD failed to withstand the onslaught of the dollar
GBPUSD failed to withstand the onslaught of the dollar
The US dollar has appreciated strongly. This can be seen in many charts of currency pairs and stocks. The British pound could not resist this and fell in value. Such price abrupt changes tend to continue the trend. We will use a new fractal to open a position.
Symbol: GBPUSD
Order Type: Pending Order - Sell Stop
Entry Price at 1.3520
Take Profit at 1.3470
Pips Earning: 50
Forex trade strategy for major currency pairs:
EURUSD sell at the price of 1.1665
USDJPY buy at the price of 111.70
XAUUSD sell at the price of 1728.00
USDCHF buy at the price of 0.9300
The result of a trade recommendation.
Daily forex technical analysis from AZAforex
The profit can be $500.00 if the trading volume of 100000 GBP (1 Lot).
The profit can be $500.00 if the trading volume of 100000 GBP (1 Lot).
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