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gokhanbodur

Pound bounced from support

Long
British Pound / U.S. Dollar (FX:GBPUSD)  
gokhanbodur Updated   
FX:GBPUSD   British Pound / U.S. Dollar
gpbusdlong
1
0
gpbusdlong
The support around 1.235 seems to have worked. This will open way to previous swing high and 1.28.
If a retracement in DXY is on the works, pound can be the best pair to take advantage of this, as it lost minimal ground against USD and just bounced from a significant support.
Comment:
Didn't take this one, because dollar is still so strong. Even if pound does go up, It will be a long and painful one, rowing against the current.
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