Hello traders, here we have a potential long with huge upside potential on this pair. As we can observe that the price made a double bottom and rallied up before closing on friday. I missed the initial entry for this trade and i am looking at the 618 fib level of the last leg to enter for long. Have a couple of targets for this trade which i have shown on the chart. My overall view on the gbp pairs is bullish but i do believe that price might just retrace a bit more after opening on sunday evening(EST)
Cheers
Cheers
Comment:
All targets met