FX:GBPUSD   British Pound / U.S. Dollar
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Short were squeeze at 1.5955 zone , prompting short covering. We are long @ 1.59790 with small leverage for a re-test of 1.60800 zone. First take profit is 1.60425, then 1.60795. We are comfortable with the fact that the risk reward is more than 1.5

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Market invalidate our setup and our trade was exit at stop. We however reduce loss to breakeven by selling short at previous day low stop with a target of 0.5% change (1.59005) from open price (1.59804) at GMT
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