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Trade Signal Description:
Strategy : FXNova
Symbols : GBPUSD
Type : Sell
Enter : 1.3505
Stop Lost : 1.3530
Target A : 1.3470
Target B : 1.3445
Target C :
Risk : Medium
Description : GBP/USD remains bearish below 1.3505, targeting 1.3470 and 1.3445 as resistance caps intraday upside.

GBP/USD Intraday Signal: Watch 1.3505

The GBP/USD Intraday Signal reflects downside pressure as price remains capped below the pivot resistance at 1.3505. As long as 1.3505 acts as resistance, the short-term bias remains negative, with price likely to decline toward 1.3470. The inability to reclaim this level reinforces the corrective intraday structure.

Immediate support is located at 1.3470. A decisive break below this level would confirm renewed selling momentum and likely extend the decline toward the downside objective at 1.3445. Sellers retain tactical control while price trades beneath the pivot.

Trade Setup:

Enter: Short below 1.3505
Stop-Loss (SL): 1.3530
Target A: 1.3470
Target B: 1.3445

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At FastPip, we provide trading signals based on a variety of proven strategies. Each signal reflects the logic and indicators of a specific strategy — giving you a transparent view of market conditions and potential opportunities.

Our signals typically include up to three Take Profit (TP) levels. Here’s how to manage them effectively:

  • Once the price approaches TP1, move your Stop Loss (SL) to the entry point to make the trade risk-free, and adjust your TP to the second target.
  • When TP2 is reached, update your SL to the first TP level, and set your TP to the third target, if available.
  • If TP3 is the final target, close the trade entirely once it’s hit.
  • Alternatively, you may partially close the trade at each TP and let the remaining position run until the final TP.

Each signal also includes a risk level:
🔹 Low – Conservative setup
🔸 Medium – Standard volatility
🔴 High – Elevated risk due to market events or upcoming news

Important: When a signal is labeled as High Risk, it may be due to upcoming economic news or increased market volatility. In such cases, it’s strongly recommended to reduce your position

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The trading signals provided by FastPip are intended for informational and educational purposes only. They do not constitute financial advice or a recommendation to buy or sell any financial instrument.

Trading in financial markets involves significant risk, and past performance is not a guarantee of future results. You are solely responsible for any trading decisions you make based on our signals.

It is essential to:

  • Strictly follow the recommended Take Profit (TP) and Stop Loss (SL) levels. Ignoring these may lead to higher-than-expected losses.
  • Adjust your trade size according to your actual account balance.
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If you lack experience or financial knowledge, we strongly recommend seeking guidance from a licensed financial advisor.

 

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