RaynLim

Counter-Trend Buying Opportunity

Long
FX:GBPUSD   British Pound / U.S. Dollar
In comparison with EURUSD, GBPUSD appears more attractive for a counter-trend trade, featuring a Sideway Bounce trading setup.

The plan is to wait for a market retest at 1.2608 before entering a buying opportunity.

What are your thoughts on this potential trade?

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