GBPUSD : Short

2020-01-19 04:18:38

When we look at the weekly chart, we see that the short signal is received :

https://www.tradingview.com/x/GQjoSKhu/

When we look at the futures terminal, we see that the British Pound is the highest rising against other currencies :

https://www.tradingview.com/x/mq9sQQai/


In the light of this information, some withdrawal can be expected in British pounds.

The following parameters can make this analysis less risky:


Position Size : %1


Risk/Reward Ratio : 1/2


Stop-Loss : 1.31199


Target : 1.27859


Regards.