$GBPUSD Advances to Retest Structure before Advancing Higher

17 thg 1, 2017

The Pound will rally to previous structure lows before retesting last weeks close for a potential 38.2% Retracement downwards. No Significant bias on this move, the aim is to simply catch this retest for profit and trail as it progresses. My outlook is nothing less than 50 pips profit with a 15 pip stop loss. Almost 1:4 RW%.