I was actually stopped out in full on this trade by the time I posted this chart. It took an hour for the pair to rally and stop me out. Something to bear in mind – the Sterling crosses do bounce around a lot in the more and often put in false moves. Would it have been wiser to wait for a retracement rather than entering on the anticipation of a breakout?
How about the idea of a 2nd attempt – e.g. on the close of the 15M candle at 8.30am?
I will take another look at this trade at the end of the day today.