The US economic news at 13:30 London time was poor for the USD.
This drove GBPUSD up through the 200 EMA on the 15 minute chart.
Price then formed a bar that was both inside and double engulfing.
Buying the break of this bar would have produced a trade that is still open, the bar was about 12.5 pips risk and has made a maximum so far of about 52 pips, a reward to risk ratio of 4.16.
Unfortunately I missed this trade due to a (thankfully rare) internet outage.
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