long GBPUSD on channel support

Updated
We are at important 4 channel support here on Cable alongwith 50% fib of the recent move. This is a decent area which should hold.
Long GBPUSD @ 1.2817 target 1.29
Stop @ 1.2787
Trade active
Stops moved to B/E
Trade closed manually
Took profits here at 1.2861, we seem to be facing some resistance here and with Yellen tonight it makes sense to book quick profits.
cablecablelongfxGBPUSDgbpusdlonggbpusdlongsetupTrend Analysis

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