Waiting for bounce off 1.2750

FX:GBPUSD   British Pound / U.S. Dollar
Buy orders are set for 1.2750 with a take profit level of 1.2870 in this bullish scenario. GBPUSD is in oversold territory so my theory is it's more likely to bounce than break.
Trade closed: target reached: Closed 200 pips gain.


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