GBPUSD Intraday long

OANDA:GBPUSD   British Pound / U.S. Dollar
Looking likely that cable is going to test the 382 levels again. Hopefully today it will bypass them and we can look towards a large bullish move. Nice closing on the candles and is continuing to rise.

I have entered the trade at 1.2549.

SL - 1.2520, tight stop loss I know but bypassing this price I think will mean a continuation to the downside.

No TP set as will be keeping an eye on this. Potential big bullish move.

Trade closed: stop reached: Closed this off with a 20pip loss. Dont like the candle which was formed on the last 4H. Looks like it could continue a downtrend and there is news later today.
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing House Rules Moderators Website & Broker Solutions Widgets Charting Solutions Get Help Feature Request Blog & News FAQ Wiki Twitter
Profile Profile Settings Account and Billing Get Help Ideas Published Followers Following Private Messages Chat Sign Out