Forex strategy : EURGBP - Hedging Strategy of the Week

The most effective way to use the currency pairs, which proved difficult in bands through hedging. Entry Zone: Go both small and large in the market if the price at any level in the range of 0.6700-0.7025 Protective Stop: long stops below 0.6500 and short stops above 0.7200 Profit Target: Yes Target Short 0. 7025 and 0.6700 Target profit potential: 325 pips (excluding transaction costs and offset) in EURGBP is our primary goal hedging week,