newgenforex
Long

GBPUSD Long Postion

FX:GBPUSD   British Pound / U.S. Dollar
GBPUSD looking to move bullish . The RSI indicator is sitting around 25.0 which is a common indicator that we are in a bullish market. This is also reinforced by the Stochastic indicator which is showing us that the market has been over sold. Finally, we have seen a bearish market throughout today which broke a significant support level , therefore expecting a retracement. This is a scalping idea. What do you think?

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