GBPUSD Updated - Stop Losses and Reentries
Trade Ideas stopped out on tight stops near 1.2450 level. This is the time to stress the use of Stop Losses and a great example as to what happens if you do not follow the plan. I am now looking for a retracement to the 50% or 62% Fib and will look to reenter the long, pending price action. Stay tuned.
