Dear Traders.
Our last idea on FX:GBPUSD we had given you an important update that price will go slightly higher around 1.2760 and then reject from there and price did the exactly same thing. Here is second update, price may touch 1.2702 area once again and then drop heavily or drop straight from this point. We will have to wait and see how DXY holds up the...
OANDA:GBPUSD
GBPUSD broke bearish structure, made a retest respecting
the 50% fib retracement prz before going bullish. Price is
anticipated to continue bullish for the week.
Buy @ .618 fib - if it hits SL, buy @ .786 fib.
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Let me know your thoughts on this.
Expectations are a rise.
Instructions - if trade flat or has not moved in the next 24 hours, take small loss or small profit.
Trade with caution, this is not financial advice.
Entry: Market
SL: 1.39630
TP: 1.41484
Hello Dear Traders, here is the full UPDATED Analysis / Breakdown for GBPUSD.
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