ForecastCity

Don't miss the great buy opportunity in GBPUSD

Long
FX:GBPUSD   British Pound / U.S. Dollar
Trading suggestion:
. There is a possibility of temporary retracement to suggested support line (1.3010). if so, traders can set orders based on Price Action and expect to reach short-term targets.

Technical analysis:
. GBPUSD is in a uptrend and the continuation of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 76.

Take Profits:
TP1= @ 1.3090
TP2= @ 1.3178
TP3= @ 1.3345

SL= Break below S2
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Comments

Can I still enter
+4 Reply
ForecastCity waykeeper
@waykeeper, Yes, you can. As long as the price is above S1 according to entry signals you can enter.
+2 Reply
Nice idea .. worked like a charm
+3 Reply
ForecastCity Trapheal2
@Trapheal2, Thanks for you comment on this post.
+2 Reply
Keep This on my Radar This Week
+3 Reply
ForecastCity Forecast_Crypto
@Forecast_Crypto, Great! don't forget to give us your feedback.
+2 Reply
Great analysis so far, keep it up!
+3 Reply
ForecastCity Best_Forecast
@Alexander_007, Thanks,
Sure, we will.
+2 Reply
Thanks for publishing such a great buy opportunity in GBPUSD.
+2 Reply
@fxniki, You're welcome.
+2 Reply