Good morning everyone. We have initiated a GBPUSD long this morning with a 1:1 risk reward... not our favorite due to that very reason, but we will take it and take a smaller position size due to the risk. Once the market moves in our favor 20-30 pips we will bring stop loss to the higher low to reduce our risk. Good luck!
Follow us for our signals!
Follow us for our signals!
Trade active:
Moving stop loss to below the higher low around 1.43714
Trade closed: target reached:
Target Hit!