FX.co ★ GBP/USD
Trader Journals:::
GBP/USD
H1 - timeframe, GBPUSD instrument. The chart clearly suggests considering a long position. The price level of 1.3246 will be our entry point for buying. We will place a stop order below the level of 1.3230. We will divide our position into three parts and close them one by one. 1) We will close the first half after a 16 pips gain. 2) The second half of the remaining position will be closed after another 16 pips. 3) We will close the rest of the position with the final 16 pips. And then we can take a break for today.