GBP / USD:
Price has tested the target level at 1.5185.
The low is showing at 1.5186 or 1 pip from the desired level.
Price has now bounced a little and is showing the first signs of being oversold.
I have therefore closed the position at 1.5220 for 140 pips or 2% profit.
This represents a risk reward of 4 - 1
Chart below:
I will update again when the next strategy trade has been identified.
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