gbpusdTrading OutlookUncategorized

Gbpusd: Daily forecast/Important Levels.

Iran Hit Missiles!

Iran has hit several ( as many as about 17) missiles on the US. troops in Iraq may have found a profound effect, however, many analytics believe it is a face-saving attack.

Therefore, We are in view remain on sideline however, we can’t rule out any abrupt move.

Apparently you have to have trade with strict stop loss and always take at least some portion of your equity for any trade which couldn’t go beyond more than 5 percent.

Thus our view is to sell below 1.3292 with stop loss. 1.3468 and target of 1.3010&1.280

On the contrary break below of 1.3468 would open the path of 1.3649&1.3788 zone.

Also read: GBPUSD IMPORTANT TRADING LEVELS