MaximilianoBattafarano

GBPUSD LONG - wait for the bulls

Long
FX:GBPUSD   British Pound / U.S. Dollar
We are in a phase of retreacement of the gbpusd. Don't be fooled by the great bearish movement because the great movement in the medium term is very bullish. It's recommended to wait for buy signals (It's predicted that within this week it should already be giving bullish interest)

Remember ,wait for the bulls to apear and we are goingo to arm this pair. We are seeing this pattern since a week and we are recomendig long positions because we were waiting for a small retracement before reaching the actual value, but now the pattern is almost complete!

As you can see in this chart the expected TP means a lot of pips for us!


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.