Fed02

GBPUSD to 1.4000!

Long
FX:GBPUSD   British Pound / U.S. Dollar
Confluences:
-Price is trending upwards (Higher highs and higher lows)
-Price retraced and respected the 61.8 fib level
-Price didn't break the previous high and respected it as support
-Placed a buy stop and I'll bring it all the way to a major and psychological level 1.4000 and it also lines up with the fibonacci extension level

Have a good trading!

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