GBPUSD ANALYSIS BUY LIMIT THURSDAY 9:11 AM EST

I can see the the trend line being respected and this pair giving us atleast 40 pips for the buy limit. I see from the RSI that the pair is almost oversold, so it should be getting ready to make its way up. We see the Ma and the EMA crossing for a sell but in terms of support and resistance it will be a brief move to the downside just giving us the ability to buy at the buy limit that I placed.

Trade attivo:

Entry was almost perfect. Trade is currently active, and in profit very close to take profit The trade is up 35 pips. Move Stop up to 133.181, in order to secure partial profits as well as make this trade risk free.

Trade chiuso: stop raggiunto:

The Updated stop was reached. if you were able to update in time, you secured 20 pips in profit. Congratulations.