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Trader Journals:::2026-04-14T13:57:26

GBP/USD

GBP/USD

My trading system using the Bollinger Bands indicator and the vertical volume histogram at the current moment for the GBP/USD currency pair suggests a scenario with a possible culmination of growth and readiness to open a short position. The current quote for the GBP/USD currency pair is at the level of 1.35713, trading above the upper boundary of 1.35685 of the Bollinger Bands indicator's allowable range. In fact, we currently have a very good price for selling at a reversal towards the two lower levels of the Bollinger Bands indicator. The first profit target is at the midpoint of the indicator at 1.35291, and the second profit target (using a trailing stop) is at the lower edge of the indicator at 1.34897. If a downward movement occurs today, it is possible to take a decent profit from the market.
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