British Pound / U.S. Dollar
Long
Updated

GBP/USD - 240 PIPS UPSIDE POTENTIAL

441
Hypothetical scenario:

(1) Entry @ 1.31230 (Buy Limit)
(2) Stop Loss @ 1.30800 (43 pips)
(3) Target 1 @ 1.31670 (44 pips) - Close 30% - Cut stop by 50%
(4) Target 2 @ 1.32500 (127 pips) - Close 80% - Move stop to break-even
(5) Target 3 @ 1.33550 (232 pips) - Close 100%


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*DISCLAIMER*
This post is solely for educational purposes and does not constitute any form of investment / trading advice.
Trade active
Note
first 30 % off the table - stop cut by 50%

next target 1.32500
Note
stop loss sitting at 1.31000 now
Trade closed: stop reached
stopped on the rest

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