We saw a nice spike up for GBP/USD last week then price went down to today’s level.
It’s good indication for us to trade this pair. I see a good place to enter between 1.9730 to 1.9750.
GBP/USD will have a good up this week. First target at 1.9800 and second target at 1.9845.
As for stop loss, it’s still the same as last trade. Put your stop loss at 1.9720.
Another good pair to trade is USD/CHF. Now is the good time to enter at 1.0500 area. Price now is 1.0472. Profit target is at 1.0400 and stop loss at 1.0562.
Have a good week in trading forex!