Bid GBPUSD at Rounded Retest @ 1.2420

566

Entry @ market.

SL @ 1.23750

TP @ 1.26300

Nice rounded retest here. Pretty strong level. COT data indicates non-commercial speculators are bid on sterling. USD slightly weakening from highs of DXY @ 101.5 gives a bit more impetus on cable bids.

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