rafaelmotaycbm

GBPUSD Long on Trend Brake

Long
FX:GBPUSD   British Pound / U.S. Dollar
GBPUSD on H1 had a clear and perfect trend, that got broken!
The price hitted the 0.68 / 0.5 zone of Fibbo and is on its way to retest on a powerful Support drawn on H4!
My thoughts are that it will reject on that Sup, so I'll be buying on 1.29740 - 1.2980 zone.
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.