FX:GBPUSD   British Pound / U.S. Dollar
Cable has been in appeared bearish since 24/02 but now a falling wedge has formed. This usually signals a reversal is about to take place. Price is also sitting on .236 fib support which may bounce off. I will look to go LONG once bullish candle has broken through my wedge resistance and I will set TP at .382 fib resistance. Roughly 200pips!
What is entry point bro
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vj20_fx lulaay
@lulaay, entry is when 2hr candle closes above the falling wedge resistance.
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