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swissmoneymakers

GBPUSD - Looking for Breakout

British Pound / U.S. Dollar (FX:GBPUSD)  
swissmoneymakers Updated   
FX:GBPUSD   British Pound / U.S. Dollar
Trend Analysis Chart Patterns breakouttrading ranging
2
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trendanalysis chartpattern breakouttrading ranging
Hi Traders,
The market is ranging between the resistance at 1.29750 and the support at 1.28100.
Now the market is ranging between the two areas.
We want to see a breakout:
  • If the market breaks out higher, our TP-Levevl would be at 1.31700.
  • If the market breaks out lower, our TP-Level would be at 1.25700.
We recomment to trade the breakout!

Thanks and good luck :)!
Trade closed: target reached:
The market broke out upwards and we had a profit of 190 pips!

Thanks and good luck:)!
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