GBPUSD Trend Continuation (LONG)

GBPUS has successfully broken a past resistance level 1.3130 (blue dotted line) and right now its finishing making a correction to the 61% and 50% Fibonacci levels, using the Fibonacci Extension tool I can calculate a Take Profit level which is 1.3210. If price breaks the red dotted line at 1.3200 which is also a support zone, then the trade will be canceled.

You can buy right now when the price ranges between the Fib levels and set your Stop Loss at 1.3200

Trade ist aktiv:

Trade wurde manuell geschlossen:

Closed trade in profit