GBP/USD Buy Order - 20 Pip Target

137
Opened a buy order on GBP/USD based on a clean 1-hour breakout setup. The pair broke above a key resistance level, showing strong momentum, and aligning well with the overall bullish trend in higher timeframes. The breakout entry was confirmed with sustained volume and a candle close above the resistance level, giving extra confidence for this entry.

📈 Target: +20 pips
📉 Stop Loss: Placed just below recent lows to manage risk effectively
⏳ Timeframe: 1-hour (main confirmation)

Anticipating a continuation to hit the 20-pip target. Keeping close watch for any signs of reversal, but looking solid so far!

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.