Potential Bullish Trade: GBP/USD
This is a what if idea! IF prices can retrace to our killzone around the .38-.50 retracement, we could possibly see a bullish breakout of consolidation. *Keep in mind GBP/USD is at a psychological level (1.3000).
- Entry: ~1.29928
- TP1: 1.30801
- TP2: 1.3169
- Stop Loss: 1.29289
- R:R (1.4) at TP1 (2.3) at TP2
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