Trade Update – GBP/USD Has Hit Our Take Profit Target

 In Daily recaps, Technical View, Trading Signals

 

 

Our GBP/USD trade has hit our First Take Profit Target at $1.42. We booked partial profits and raising stop loss level to our entry point to protect our profits.

 

Posted this morning:

The GBP/USD pair trade is moving in our direction and currently trading near our first Take Profit target of  1.42. Continue flow of positive headlines regarding the deal between the UK and EU on Brexit terms help supporting the rising price against the US Dollar. The trade is still attractive also for new clients looking to gain from a rise in the GBP. Following is a chart update showing our first target price.

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