FX:GBPUSD   British Pound / U.S. Dollar
43 0 0
GBPUSD             - Long

Price has broken the Daily Downtrend with new Higher High being made for first time since approx 9 months

Green dotted lines represent zones of interest for when to enter trade

Blue dotted line is a possible area of support for price, having being resistance in the past, also aligned with .382 FIB. Expected retracement to this area before entering a trade to TP at -0.27 FIB level

Price had previously respected the 200 MA since June 2014. However, there has been a recent break of this trend with price moving to upside

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