The GBPUSD is sitting on the up trend line so buying the 786 fib is good idea. This is high risk trade because of the deep pullbacks we are getting , but if you know how to manage it for a BE trade in case it breaks the trend then taking the trade makes sense.
trade with care.
Thank you for your support .
trade with care.
Thank you for your support .
Note
The tend is broken so I will take off the trade for BE if it comes back to the 618. I will wait for a different setup to either buy or sell. Rules!!Note
Sorry the 786**Note
This was the trade setup and I would repeat this trade every time if the conditions are the same! Like said if you know how to manage it to BE this is an amazing trade. Now let's see if we get BE. 
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YouTube: youtube.com/channel/UCmvABDWwbqRvh0QGAf-86_Q/videos
Facebook: facebook.com/ProwaveTrader
Training : add to skype mangal457
Facebook: facebook.com/ProwaveTrader
Training : add to skype mangal457
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.