I am bullish with the pair on long term. For now we can short at mentioned targets. All the Best! Trade with Care!
A low risk to high reward ratio. Trade with Care All the Best!
GBPUSD is strengthening in the long term. Here is a nice setup where we can benefit by shorting the retracement till 142.50 & then longing till 148. We can short for now by limiting our loss at 145.60. Once we have reached our target at 142.50, then we can take a long position till 148 again by taking a stop loss at 142. A very good Risk/Reward Ratio Good...
This looks like to go long for me. Break above 42.00 should move the price to 56.00. Trade with Care All the Best