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Sterling/American dollar trading signal - GBPUSD

Forex market price signals and analysis

Good morning Traders,

With the close of June 8, Lift-Off confirms a LONG trading signal on GBPUSD.

From the data we get from reading the positions of institutional traders and our Forex Forex indicator, we have the elements to attempt a long entry on the pound against the dollar

 

Below the chart of GBPUSD - with the signal detected by Lift-Off

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Signal Chart of June 9, 2023

LONG - GBPUSD

Input price: 1.25459 (current market price and valid any price that is not too far away)

 

Important: 

Please note that the chosen signal has been identified from those detected by the Lift-Off indicator, which you can view in the "Signals" section of our website. However, we will NOT provide any guidance on how to handle the trade.
We recommend that you handle the trades as shown during our professional courses on using the platform, available at the following link: https://it.largetrader.com/eventi