Trade #9 GBPUSD - Cable tends to trend up.

This setup is very similar to EURUSD. Nevertheless, GBPUSD seems more 'price-action friendly' than the Euro cross.

The dollar correction has a daily target. If you zoom out the chart you shall see.

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*For now on I'll reveal the money management of my trades. There are two major targets: the first one is at least double of the target two (the farthest). The proportion is 2/1 minimum.