I've placed 2 limit orders last week on GBPUSD, both with a trailing stop with a set-and-forget as the trend has been going up.
It does look very overbought hence the very tight trailing stop so that it's "set and forget".
Major resistance will be around 1.40
With support around 1.3940
As always, Plan your trades and Trade Your Plan! ✌
It does look very overbought hence the very tight trailing stop so that it's "set and forget".
Major resistance will be around 1.40
With support around 1.3940
As always, Plan your trades and Trade Your Plan! ✌
