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UnknownUnicorn772665

GBPUSD Long *Gap Trade*

Long
British Pound / U.S. Dollar (FX:GBPUSD)  
UnknownUnicorn772665 Updated   
FX:GBPUSD   British Pound / U.S. Dollar
Trend Analysis Chart Patterns Wave Analysis GBP USD GBPUSD gbpusdlong gaptrade Fibonacci Retracement
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13
trendanalysis chartpattern waveanalysis gbp usd gbpusd gbpusdlong gaptrade fibonacciretracement
GBPUSD Long opportunity by utilising the weekend gap down on open.

The rest of the analysis for a long bias is the bullish trendline, fib 0.618 retracement and the structure zone at this level on the chart.

Stop loss = 50pips

I will move my stop loss to breakeven when the gap is closed.
Trade active
Comment:
Weekend gap is now closed. You could now secure profit here or reduce your risk.
Comment:
GBP bullish momentum now in play... I am taking some profit at 1.31 because I have this known as a reaction zone
Trade closed manually
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