Sunday, 29 May 2016

GBPUSD: Buy For A 100 Pips Take Profit

GBP pairs seem promising this week. One hour traders can take advantage of the inside bar patter on the great Britain Pound versus Japanese yen currency for a 1:3 risk to reward ratio.

This setup showed up on a resistance turned support area.

 Entry :1.4630
SL      ;1:4600
TP      :1.4730


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