TAKE PROFIT @1. 5145 - 53 PIPS FROM ENTRY SEE IMAGE BELOW, NOT BAD FOR DAILY PROFIT.
TREND BIAS WILL CONFIRM IF THE PRICE WILL BREAK THE H1 100MA. WAITING FOR THE NON-FARM PAYROLL RELEASE TODAY WITH PREV. 321 FOR. 240. IF BUYER'S WILL HOLD THEIR POSITION THEN BIAS UPTREND WILL CONFIRM. GBP TRADE BALANCE IN POSITIVE FIGURE THIS MORNING.
BUY ENTRY @1.5091 1/8/2015 16:39 (UTC+00:00). Buy signal was triggered when price move above H1 20MA and above 5min 100&200MA. This is a counter trend trade, when the price move back below the H1 20MA, then it's my time to get out. If I will be right the price will continue to move upward to reach H1 100MA. Looking back at monthly time frame price currently above Monthly support trend line. So far, price remained below H1 100MA from Dec. 21, 2014.
