mrTylerDurden

Launching long positions this week again?

Long
FX:GBPUSD   British Pound / U.S. Dollar
1
The story for the GBP/USD pair is nearly quite opposite to that of the EUR/USD pair. Here we see a powerful bullish trend aimed at breaching the upper bound of the 4-hour band, with SMAs pointing upward, so, if the quick SMA crosses any time the slow SMA, we’ll be looking for a moment to buy into.
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