ForecastCity

Don't miss the great buy opportunity in GBPUSD

Long
FX:GBPUSD   British Pound / U.S. Dollar
Trading suggestion:
. There is a possibility of temporary retracement to suggested support line (1.3100). if so, traders can set orders based on Price Action and expect to reach short-term targets.

Technical analysis:
. GBPUSD is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 58.

Take Profits:
TP1= @ 1.3225
TP2= @ 1.3350
TP3= @ 1.3515

SL= Break below S2
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Comments

Very nice trade and setup!
+3 Reply
ForecastCity Best_Forecast
@Alexander_007, thanks for your nice comment on this post.
Reply
i am looking to enter the same trade ! lets get those pips
+1 Reply
ForecastCity jonathanfrost93
@jonathanfrost93, Thanks for your comment.
Reply
thank you so much for sharing such a great buy opportunity in GBPUSD.
+1 Reply
@fxniki, You're welcome. Do you have any idea about this pair?
Reply
Any more analysis on this @ForecastCity it hit sl
Reply
@fali4209, SL= Break below S2
Reply