GBPUSD 1:20 RR trade opportunity. The Cable drop Short

British Pound/U.S. DollarFXCM

Description

⋅ Nov 14, 2020 10:20 AM

Working on refining some tight entries lately. This trade offers at least 1:20 using a 10 pips stop. A more reserved option would be 1:3 moving the stop above last weeks high. GBP looks like it may continue the push lower over the coming weeks.

Trend Analysis cable