Potential Bullish Trade: GBP/USD

This is a what if idea! IF prices can retrace to our killzone around the .38-.50 retracement, we could possibly see a bullish breakout of consolidation. *Keep in mind GBP/USD is at a psychological level (1.3000).

• Entry: ~1.29928
  
• TP1: 1.30801
  
• TP2: 1.3169
  
• Stop Loss: 1.29289
  
• R:R (1.4) at TP1 (2.3) at TP2