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UnknownUnicorn1186039

Potential Bullish Trade: GBP/USD

Long
British Pound / U.S. Dollar (FOREXCOM:GBPUSD)  
UnknownUnicorn1186039  
FOREXCOM:GBPUSD   British Pound / U.S. Dollar
Chart Patterns Technical Indicators GBPUSD GBP LONG Bullish Patterns riskreward potential breakout
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1
chartpattern indicator gbpusd gbp long bullish riskreward potential breakout
This is a what if idea! IF prices can retrace to our killzone around the .38-.50 retracement, we could possibly see a bullish breakout of consolidation. *Keep in mind GBP/USD is at a psychological level (1.3000).

  • Entry: ~1.29928
  • TP1: 1.30801
  • TP2: 1.3169
  • Stop Loss: 1.29289
  • R:R (1.4) at TP1 (2.3) at TP2
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