FX:GBPUSD   British Pound / U.S. Dollar
A nice buy opportunity happening for GBPUSD

As we can see on the 4hr there is a nice double bottom being created

Look for bullyish engulfing candle, before entering

Watch price carefully has DXY looks to be heading to the upside,

with the possibility of it heading to the downside in the next upcoming days

Trade active: Price has started to make its move to the upside
bro i am totally agree with the double btm..
but my question is .. there is clear there is a descending pattern means that can help support the downtrend to continue, how u determine that it will bulss rather than follow the descending pattern and down trend
jordanmac gamigami24
@gamigami24, you could be right my friend, you would have to watch price carefully at the bottom.
especially with the brexit results coming out on the 11th, it could send GBPUSD crashing to the downside
however, before then I believe there are some short term buy set-ups.
hope that made sense
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