GBPUSD – 1H Chart / April 13, 2016
We expect the bullish momentum of GBPUSD to continue and believe that any downside potential would be a perfect opportunity for a long swing trade.
We expect an a-b-c move down to 61% retracement level and that is our ideal buy order.
- Long 1.4130
- SL – 1.4000
- TP1: 1.4480 & TP2: 1.4670
Note: This trade is recommended for risk-lovers.