Holding Strong Above Historic Highs — Long Setup in Play

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GBP/USD is holding beautifully above a historical high.

From here, it’s a great spot for a long position with a stop just below yesterday’s candle low, around the 1.3400 level. With a small risk of only 0.40%, the upside potential is at least the previous highs (+1.30%) and possibly higher — I’m targeting a move toward 1.38.

Great risk/reward setup. Long is on!

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