- According to the most brokers’ data, more than half of the traders are currently in short positions on GBPUSD. As a result, we recommend considering only Long trades at this time.
- Price broke through the MVP line and rushed up. We consider this a sign for further GBPUSD price increase.
- The risk/reward ratio allows you to set Take Profit at the same level where the SLC indicator signals that there are Stop orders - 1.3765
Chart & Analyst Comments