asianfx

GBPUSD Exploded higher last week. Minor Pull back Strategy

Long
asianfx Updated   
FX:GBPUSD   British Pound / U.S. Dollar
Regarding to my last week analysis about GBPUSD/Sterling. GBPUSD exploded higher last week at the price broke above 1.2570 resistance. It closed well above the neaby resistance. This is obviously a Bulls taking in Control while bear still asleep. We can look for minor pull backs to the downside to get long and trade in-line with the bullish momentum. The price between 1.2680 – 1.2570 is the primary buy opportunity this week.
Trade closed: target reached
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.