Trend_Analyst

GBPUSD Symmetrical Triangle Targets.

FX_IDC:GBPUSD   British Pound / U.S. Dollar
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GBPUSD Symmetrical Triangle Targets. Breakouts from symmetrical triangles normally occur around 2/3 of the way into the triangle.
Comment: Price has broken out to the upside, I have placed a long trade targeting TP at 1.2975 with a stop loss at 1.2878. Risk to Reward just under 3:1
Trade closed: target reached