GBPUSD intraday setup

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 support and resistance .

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 support and resistance )
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