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GBPUSD Trade Setup - 28 Feb 2011

Price broke the previous high (1.6114) and bounce off from the short term TL which shown sign of bearish steam is over. I placed an buy order at 1.6140. Trade triggered within minute.

EP: 1.6140
SL: 1.6080
TP: 1.6250


Trade update: 50% profit closed at 1.6200
Trade update: TP hit. 120pips

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