revelationtrading
Long

GbpUsd Daily: Reversal or Consolidation

FX:GBPUSD   British Pound / U.S. Dollar
The Gbpusd is an interesting pair that has bucked the trend against the dollar. With AUDUSD , NZDUSD , EURUSD in obvious downtrends, the GbpUsd cleared out many stops at 1.3025 in yesterday's intraday session after making a new low at 1.2930. RT is of the view that there will be even more GBP Strength if 1.3045 is taken out by the bulls today.
Trade active: 2 targets that Revelation Trading is looking at now that GU has broken up
a. 1.3158
b.1.3210
Comment: a. 1st target hit
Trade closed: target reached: 2nd target hit.
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