GBPUSD: Counter-Trend Breakout
This is actually a counter-trend trade that I've been eyeing on the GBPUSD pair. Price rallied from August to October before breaching the trendline.
Earlier this month, I plotted two support levels and now price is breaking and accelerating from the second support level.
ADR: 63.5
SL: 60
TP: 140
Earlier this month, I plotted two support levels and now price is breaking and accelerating from the second support level.
ADR: 63.5
SL: 60
TP: 140
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