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ForecastCity_EU
Jan 6, 2020 12:24 PM

Don't miss the great buy opportunity in GBPUSD Long

British Pound/U.S. DollarFXCM

Description

Trading suggestion:
. There is a possibility of temporary retracement to suggested support line (1.3100). if so, traders can set orders based on Price Action and expect to reach short-term targets.

Technical analysis:
. GBPUSD is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 58.

Take Profits:
TP1= @ 1.3225
TP2= @ 1.3350
TP3= @ 1.3515

SL= Break below S2
Comments
CHETLURU
But global times are different , you have to mention the timings which better to tade
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