GBPUSD, 15-minute timeframe chart GBPUSD retested the resistance… — Ahmad Danial FX Premium Trader — TG.ME

GBPUSD, 15-minute timeframe chart

GBPUSD retested the resistance level of 1.26900

👉General outlook


GBPUSD has been under buying pressure within the last day. The pair rose to the resistance level of 1.26900.

👉Possible scenario

The best way to use this opportunity is to place a Sell order at 1.26689.

Set your stop loss at 1.26991 above the previous high ($3.02 loss for 0.01 lot) and take profit at 1.26388 ($3.02 profit for 0.01 lot).

The risk-reward ratio for this order is 1:1.

The upcoming news will not influence your orders within the mentioned period.
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February 24, 2025 940