I see several swing trade opportunities this week, this is one of them. On the GBP/USD pair, the price bounced at a strong key level, which also coincided with the EMA 200. Currently, a great risk-reward trade is opening up in the short direction. There is also a key level between our target price and the current exchange rate. When the price reach this level, set the trade to BE.
Comment:
Secure 100 pip profit, move SL to 1.2850, above the new key level.
Trade closed manually:
Price hit the modified SL, 100+ PIP profit.