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GBPUSD at Support - Buy Opportunity

Long
British Pound / U.S. Dollar (FX:GBPUSD)  
cvfxwealth Updated   
FX:GBPUSD   British Pound / U.S. Dollar
Trend Lines Support and Resistance forexideas tradingideas GBPUSD DJ FXCM Index GBP brexit
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trendline supportandresistance forexideas tradingideas gbpusd usdollar gbp brexit
GBPUSD looking to retrace north before we have a drop south. Expecting price to move up towards 1.3000 minimum. USD still weak with technicals pointing to the southside. After election we should see USD strength.


Enter at trendline area or current price.

TP @ 1.3000


Good luck trading!

Charles V
CVFXmanagement.com
Trading made Simple
Comment:
50+ pips taken at spike, current price area of 1.2844 is a good buy reentry.
Comment:
Price has now hit the bottom of the Profit Zone. This is a good area to take profit but expecting another 30-40 pip push up. After TP taken, wait to see how price reacts at this level before taking next trade.

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