Pair: GBP/USD
Direction: BUY
Entry Zone: 1.2740 – 1.2760
Stop Loss: 1.2685
Take Profit Levels:
- TP1: 1.2820
- TP2: 1.2890
- TP3: 1.2960
- Price dips to entry zone → prepare long
- Hit TP1 → secure partial profit
- Hit TP2 → move SL to breakeven
- Hit TP3 → exit fully
- Close below SL → invalidate setup
- Swing trade setup on H4/D1 charts
- Trend confirmation + momentum aligns with entry
- Avoid news releases that may cause spikes
- Max 1–2% account risk per trade
- Reduce size if trading correlated pairs
- Trade during London & New York sessions for liquidity