British Pound / U.S. Dollar

Long

GBPUSD Analysis

Updated

Momentum bullish
buy opportunity break of structure

Note

TP1: adjacent to the previous shoulder
TP2: at the previous higher high (HH)
TP3: at the old higher high (OHH)

Note

TP1: 1.22763 HIT!!

Note

Risk Free trade.... moved stop loss to break even

Note

TP2 : 1.23221
TP3 : 1.23546

Note

Caught 81 PIPS!!

Note

TP2 AND TP3 HIT!!!

Trade closed: target reached

Consolidation happened before CPI took place at 1330 GMT

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