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Bonavest

Bounce UP from 50 SMA

Long
British Pound / U.S. Dollar (FX:GBPUSD)  
Bonavest Updated   
FX:GBPUSD   British Pound / U.S. Dollar
18
0
This is a play off of Texas 2 Step (RSI2) and 50 SMA. There was a small bounce up after nearing the top side of the 50 SMA as well as the RSI2 coming out of the SELL side.
Trade active:
.
LONG @ 1.2870
STOP @ 1.2844
TP1 @ 1.3000
TP2 @ 1.3075
Comment:
Progressing nicely. I would expect a rather large push come the middle of the week as the volume picks up.
Trade closed manually:
Not sure we go much higher ahead of the election. Be3st to be safe.

CLOSED @ 1.2953
+83 pips
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