Trader_Troy

GBP/USD long to 1.2780 after breaking resistance

Long
FX_IDC:GBPUSD   British Pound / U.S. Dollar
GBP/USD has broken this highlighted area of resistance and pulled back to the area, which is confluent with the 61.8. We are seeing prices stall at this level and GBP has been strong recently and beat on both Y/Y and Q/Q GDP figures today. I am now long from 1.2595 with a stop loss at 1.2538 and take profit at 1.2776 for a 3:1 risk/reward
Trade closed: stop reached
Trade active: Re-entered with new SL at 1.2476

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