GBPUSD – 1H Chart / April 13, 2016

GBPUSD 1H - April 13 2016 Trade Signal

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.

Trade Setup

  • Long 1.4130
  • SL – 1.4000
  • TP1: 1.4480 & TP2: 1.4670

Note: This trade is recommended for risk-lovers.

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