LONG on GBP/USD 12-27-21

Taking this trade on the GBP/USD simply because it is currently in a up trend on the monthly timeframe and has retracted off of the 38,2 fib zone.

Here is the trade I will be taking on this pair:

PAIR = GBP/USD
ORDER TYPE = MARKET BUY NOW
LOT SIZE = Micro lot (0.01) (0.02)
ENTRY PRICE = 1.34408
STOP LOSS = 1.31466 - 258 PIPS / $25.80 LOSS
TAKE PROFIT = 1.43741 - 969 PIPS / $96.90 GAIN