charts247
Long

LONG CABBLE LOW RISK

FX:GBPUSD   British Pound/U.S. Dollar
148 0 3
Long cable from 1.5404 this pair have turned the corner and we are making the U-turn with it.
The pair is in an up-trend (1 HR             Timeframe) the price now have now tested the higher-low of 1.5404. Here we can long and place a very low risk stop just below the 1.5404 because we are expecting a higher prices above 1.5551. The law of trendS expect a new high because we have already make a high above 1.5479.

STOP: 1.5395
1ST TARGET: 1.5551
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