CodeAndQuant

GBPUSD 5th Wave Bearish Extension

Short
CodeAndQuant Updated   
FX:GBPUSD   British Pound / U.S. Dollar
Heading into BOE later today we favor selling 1.3230 or better for 1.3010 TP

3x reversal @ 1.3285 for Break Even or profits into 1.3420

Setup matches up nicely with orderbooks at the London Open.
Trade closed: target reached:
1 Lot Short at 1.3220 closed at 1.3420 = -190pips
3 Lots long at 1.3290. Executed at 1.3320 closed at 1.3420= +100pips *3 = +300pips

Net +110pips
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