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MatthewCrm

GBP / USD - LONG POSITION

Long
British Pound / U.S. Dollar (FX:GBPUSD)  
MatthewCrm Updated   
FX:GBPUSD   British Pound / U.S. Dollar
Trend Analysis Support and Resistance Trend Lines GBPUSD gbpusdlong fx Forex forextrading
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trendanalysis supportandresistance trendline gbpusd gbpusdlong fx forex forextrading
@BXY IS LOOKING VERY BULLISH, SUGGESTING A BREAK TO THE UPSIDE FOR GBP / USD

IDEAL TOP TARGET IS A PREVIOUS HIGH
WILL NEED TO WAIT AND SEE THE PLAY TOMORROW - NOT WILLING TO HOLD OVER WEEKEND UNLESS RISK IS ELIMINATED
Comment:
MOVED ENTRY TO ABOVE TOP OF PURPLE BOX, THAT TO ME WOULD BE CONFIRMATION OF A BREAK - THE INDEX FOR DOLLAR COULD BE SHOWING A RETRACE - AND POUND INDEX COULD ALSO BE SHOWING A REVERSAL AT ITS CURRENT PRICE
Comment:
GBP / USD DIDNT MAKE NEW HIGHS AND NO POSITION WAS TAKEN, HOWEVER AS STATED IN THE COMMENTS THE DOLLAR INDEX SHOWED ITS RETRACE AND THEREFORE THE POSITION I TOOK WAS...
Comment:
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