ForexDailyUpdate
Long

GBPUSD: Ride the Trend to Consolidation - BUY

FX:GBPUSD   British Pound/U.S. Dollar
Traders!

We finally hit a clean break out on the hourly chart and looking to hit new highs. We had a pretty good price-action push to the current 1.30800's, should see a small retracement and a continuation.

Looking to ride this up trend to 1.31132 level with 1-2 minor retracement along the way.

Stops: 1.30165
Target 1: 1.31120
Target 2: 1.31600

Happy Trading!

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