jjburrel

Retest at Major Zone

Long
FX:GBPUSD   British Pound / U.S. Dollar
I usually stay on the sidelines on Fridays, but I like GU at this 1.25 level as it is a major decision area. This market broke to the upside, and is now retesting this level. Looking for at least a move into the previous impulse high. My last two trades have been short as I am biased to the downside. If this market bounces of 1.25 to the upside I will be looking for further long trades.
Entry: 1.2495
SL: 1.2470
TP1: 1.2640
TP2: 1.2740

Risky trade headed into the close, but I'm using proper risk management, and we could see a gap on the open. As always, follow your plan.
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