RodrigoPitta

GBP USD - Long Opportunity - 1D, 1W Buy

Long
RodrigoPitta Updated   
OANDA:GBPUSD   British Pound / U.S. Dollar
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GBP/USD is moving to 15 months low 1.2595. GBP/USD as all Major currencies are going down against USD.
Near 1.2595 can start a new middle term uptrend. At this moment it is too dangerous to open Long because the price most of the times continue the trend.
That why I recommend to look for short entries on lower time frames M5 — M30.

DXY is overbought!
GBPUSD is oversold!

GOOD LUCK and take entry according to your balance.

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