For more than 12 trading days, the pound is in a small range. A break in the range can cause a short-term movement with a target of around 160 points. In my opinion, it is more likely to move up.
Trade active:
Stop moved to zero.
Comment:
Idea for exit:
Trade closed: target reached:
The position is closed by reverse:
Trade closed: target reached:
Result: +195 pips - comissions. Started Profit Factor > 20 for long-term target.