andrewj2290
Long

GBPUSD potential long

FX:GBPUSD   British Pound / U.S. Dollar
There seems to be strong support at the 1.293 region and we are in seriously oversold conditions. There has been a retest of the 1.293 support with some bullish divergence on the RSI . Looking to target the 1.3 area where the next strong resistance is. The long wick on the candle is showing there is a some bull action which further supports my long.
Comment: Closed my trade for a total of 34.7pips. It was starting to look like there may have been a double top forming and I feel that my target was a little ambitious. I will carry on watching to see how this plays out.

Comments

Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Referred friends Coins My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out