Good RRR: Long GBPUSD towards resistance cluster
Volume analysis on the weekly (see image below) supports this trade on the daily timeframe, targeting an area where resistance clusters with several trendlines and fibonacci retracements.
BUY @ 1.2625-50
STOP @ 1.2465
TARGET @ 1.3140
Use the trendline as a trailing stop
BUY @ 1.2625-50
STOP @ 1.2465
TARGET @ 1.3140
Use the trendline as a trailing stop
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