Hello, we have a trade with a trend. GBP/USD is in a long-term UPTREND. Today's news brought the price to the trend line. The price stopped for us in the Gold zone. This zone is also a buy zone. Additionally, GBP/USD has experienced a big drop at the moment, which means a correction is bound to happen
We broke the trend. Fibonacci shows us around our TP gold zone. I suppose we'll look at this level. SL: 1,09874 TP: 1,09186 ENTRY: 1,09648
There was a big fall. The price react to the gold zone. We are risking 5 dollars only. If somewhere a big fall there need to be a big moove up.