Theto_Morifi

GBPUSD Long trade Idea

Long
Theto_Morifi Updated   
OANDA:GBPUSD   British Pound / U.S. Dollar
Please hit the like and follow buttons if you agree with and enjoy this setup. I would highly appreciate it. #FOLLOW4FOLLOW

GU is showing some strong bullish pressure after its uptrend rally in the prior weeks and has now seemed to have formed and
satisfied a corrective structure. This could only mean that the bulls are yet to take over and continue their rally. My target
is therefore @ 1.26450.

Do let me know what you think. Enjoy.
Trade closed: stop reached:
Stop loss hit and trade reversed into the initial trade direction. Therefore the setup is still valid. Will be looking for a valid re-entry point.

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