Long GBPUSD Mid term

٥ ديسمبر ٢٠١٦

Cable is going to 1.3100 which is 38.2% retracement of (1.5 - 1.19) then it will resume its way down.
we have 2 trades:

Long GBPUSD at 1.2710 Take profit 1.3090 Stop 1.2500
Short GBPUSD at 1.3090 Take Profit 1.2350 Stop 1.3350

good luck