As From Last @ days the GBPUSD Pair is getting very stronger At the current time. The pair had reach its highest low position at 1.19475 and then recover back to the upward trend and not at 1.21548. We are going to explain for the short term trading and for long term trading below in the post.The highest drop of the pair was the USd strong index and it cause the pair to hit his lowest values but the GBP Got his feet back to recover the values for the traders again .
Short Term Trading Tips:
Here you can see that market moves upward with a high spike and it wil have a small reversal at this stage so we should make a instant trading for a shorts term in order to make so pips to our side .Below are the details of order which will surely be SELL order and you will have to place strong stop loss and take profit position for sure.
| Instant Order | Price |
|---|---|
 | 1.121521 |
| Take Profit | 1.21200 |
| Stop Loss | 1.22100 |
For Long Term Trading Tips:
We see that market have a great moment and the market will surely Goes for the upward trend with a bull so to be on safe side we will make a decision to place a pending order with the market analysis and overview . We should set a buy pending order with the market moment and keep in mind to set the stop loss and take profit for sure with a managing lot size that is the main requirement.
| Pending Order | price |
|---|---|
 | 1.22350 |
| Stoploss | 1.21500 |
| Take Profit | 1.22800 |
It should be kept in mind that do not wait for the exact figure of the take profit something is better than nothing you can watch if you get enough profit from the pair you can manually stop the trade and take the profit from it.
Disclaimer:
we are not a financial advisors we are doing the analysis for the fun and we are just sharing our experience of trading with the steemians and other traders to help us with their experience, You comment regarding trading will be really appreciated.
All the traders who are new to the trading they must be very careful with the lot size and leverage for sure because if you are lossing the margin you will be not able to make a reasonable profit from the pairs we discuss.
