GBP/USD Long, For the coming week.

FX:GBPUSD   British Pound / U.S. Dollar
32 0
I was looking a this pair last week thinking we found a bottom and was waiting long conformation. Then we had the gaps over the weekend, that really got things going. Price action this week has showed us that the bulls want to take over and we have found a bottom.

We should see a 3 wave correction down to the 61.8 fib level, where price will fail, this will be a good place to go long and could complete wave 1 in this bull move.
EN English (UK)
EN English
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Get Help Feature Request Blog & News FAQ Wiki Twitter
Profile Profile Settings Account and Billing Get Help Ideas Published Followers Following Private Messages Chat Sign Out