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Forex Pair GBPUSD
Time Frame : 1 Hour Chart
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Watch for Buy Entry at 1.2440
The GBPUSD is consolidating at a higher level as buyers soak up selling pressure. Happy to buy on a push through 1.2440 and hold a Stop Loss at 1.2395. If price falls through 1.2395 prior to entry then we will cancel the entry and re-assess the action as price may need to make a deeper pullback to reset.
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Currency Pair : GBPUSD
Current Price : 1.2423
Buy Entry : 1.2440
Stop Loss/Cancel Level : 1.2395
Status : On watch for Buy Entry Trigger at 1.2440
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