Fundamentals have driven GBP/USD down to weekly support around 1.2630. Also price is close to last week's low at 1.26163. I'm expecting this area to hold the pair's fall. THIS IS BASICALLY A PULL BACK PLAY, so be cautious. I think it's worth the risk, let's see how it plays out.
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Both entries have been triggered. Let's see how this goes.
Comment:
If you're in, please break even.
Trade closed: target reached:
First entry has hit TP. Second entry still running. don't fade my ideas folks.
Trade closed: target reached:
Second entry TP hit. See you on the next one. Until then, don't fade me.