TradingView
kier.hetherington
Jun 1, 2016 5:38 PM

GBPUSD - Possible Long Opportunity  Long

British Pound/U.S. DollarFXCM

Description

After the latest #Brexit poll, the pound fell sharply against the dollar, bringing price back down to the 1.1441 area that has acted as strong support and resistance since February. Bearish momentum appears to be dwindling with indecision candles forming on top of the support area. Will look to see an indecisive close on the next 4HR before going long. SL placed below lower wick of previous candle (1.438), with TP placed around the 1.46 area.
More