GBP/USD Daily
The pair has broken below its uptrend channel and keeps below both its moving averages in a short-term minor trend while the medium to long term overview remains bullish (intermediary trend is bullish).
Buy at the current price with a stop loss at 1.5061, a target at 1.5371 and a secondary long-term target at 1.5701.
This provides a risk/reward ratio of 135/515.
Goldenschild Asset Management
http://www.goldenschild.com
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