| Citibank recommended buying the GBPUSD at 1.5192 today. The pair is on sale at 1.5150, forty or so pips below their entry. Weaker UK ISM sent the price lower. However, their stop has still not been approached. In fact it is still 110 pips away.
How would I look at this trade now? Is the GBPUSD a buy? Where would be my risk? What about reward? In this video, I take a look at the trade now. What do you think? |
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