selfrighteousgambler
Long

POTENTIAL LONG ON GBPUSD @ 1.57000

FX:GBPUSD   British Pound/U.S. Dollar
With Cable ( GBPUSD             ) in an uptrend, it is good to join in the established trend in a price area that is low risk.
Price should head up and out to ~1.5900. The first target will be 1.5820 for a reward of about 3.5xRisk.

The strong move away from the zone shows the trend could find new strength when prices pull back.
However, a trend reversal seems close (1.5950)

EP: ~1.57000
SL: ~1.56500
TP: ~1.58200 (maybe 1.59000)
R/R: 3.5:1
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