SamKent

Looking for short term long on the cable

Long
FX:GBPUSD   British Pound / U.S. Dollar
0
We're neutral about the pair in fundamental terms, however, the pair is approaching our signified buying zone for a short term turn in the market. We're looking for confluence between price action, stochastic cross-back from oversold, 50% retracement support, 200 SMA support, and a break of the descending trend-line as final confirmation.

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