GBPUSD intraday setup
We already have swing trade setup here :
For intraday setup,
We can buy GBPUSD -0.06% right now, and aim for channel down resistance as temporary target.
If this resistance break up, we can set new target at classic .
Check our video analysis to understand better about this setup
Open buy long : 1.2849 (at fibonacci support)
Temporary target : 1.3074 (at channel down resistance)
Temporary target in pips : 223 Pips (4 digit)
Main target : 1.3796 (at classic )
Main target in pips : 947 pips (4 digit)
Stoploss : use stoploss base on your money management or set stoploss below 1.2794
Risk reward ratio : 16.8