#GBPUSD - H1
📣 Upon analyzing the 1-hour timeframe, one can consider selling with a target of 1.2660 with the breakdown of the support level around 1.2712.
⛔ Stop Loss: 1.2760
On the other hand, with the breakout of the range of 1.2760, there is a bullish outlook towards the range of 1.2830.
⛔ Stop Loss: 1.2712
Please note that trading decisions should be made based on thorough analysis, risk management, and your individual trading strategy. It's always recommended to consult with a financial advisor or utilize the resources provided by your preferred broker for further guidance.
Disclaimer: The above analysis is for informational purposes only and should not be considered as financial advice.
📣 Upon analyzing the 1-hour timeframe, one can consider selling with a target of 1.2660 with the breakdown of the support level around 1.2712.
⛔ Stop Loss: 1.2760
On the other hand, with the breakout of the range of 1.2760, there is a bullish outlook towards the range of 1.2830.
⛔ Stop Loss: 1.2712
Please note that trading decisions should be made based on thorough analysis, risk management, and your individual trading strategy. It's always recommended to consult with a financial advisor or utilize the resources provided by your preferred broker for further guidance.
Disclaimer: The above analysis is for informational purposes only and should not be considered as financial advice.
Trade closed: target reached