GBPUSD Trade Idea

GBPUSD Trade Idea

22 May 2019 03:39 PM
 

GBPUSD:-The hourly chart is indicating that the price action and the momentum both are diverging with each other, seems unrealistic in terms of market senses. Immediate resistance of 50 period simple moving average is at 1.2712.

Our Preference:- Buy at 1.2670

Target- 1.2710

Stop loss- 1.2654