Here as you can see the market break the critical area with an aggressive move and went for the re-test with a very correctively move to the critical area (resistance), to continue the bearish move. Yesterdays GBP news help the market to break that area and to continue the bearish move.
---> Very good entry point with a quite good take profit targets to finish your week with a great profits.
RISK MANAGEMENT: At 1:1 move on BE OR take Parochial Profits if you want. At 1:2 Take 50% Parochial Profits and move Stop Loss to 1:1. * If the market struggles to break the previous low, then close the trade. * If the market break the previous low with a sharp move --> extend your take profit target at 1:3