GBP/USD analysis - 24 Oct 2024

Diupdate
1.2955 acts as an important level today & if price stays below this level then we expect it to hit our target profit at 1.29013.

If price breaks above 1.2955 then it should hit 1.2980.

Below is our recommendation;

Trade 1 (Risk 0.5% of your account size);
Sell GBP/USD @ 1.2935
Stop Loss @ 1.2955
Take Profit @ 1.29013

Trade 2 (Risk 1% of your account size);
Buy Stop GBP/USD @ 1.2955
Stop Loss @ 1.2935
Take Profit @ 1.2980

*Total risk is 1.5%, In case Trade 1 hits target profit then Trade 2 order must be deleted.
Trade aktif
Trade 1 is active
Trading ditutup: stop tercapai
Trade 1 hit stop loss level
Trade aktif
Trade 2 is active
Trading ditutup: target tercapai
Trade 2 profit level hit.

Net profit + 30 pips
Chart PatternsTechnical IndicatorsTrend Analysis

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