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Motion1
Mar 21, 2019 3:52 PM

GBPUSD Potential Long  Long

British Pound/U.S. DollarFXCM

Description

GBPUSD currently trading in an uptrend on the daily timeframe.
Support at the 0.618% weekly fibonacci retracement level.
Support at EMA 200 & 50 on the daily timeframe.
GBP currently showing as weak while USD appearing strong, indicating a possible change in momentum.
Ideal entry would be at 1.30600 technical support.
As brexit discussions are still in play, abrupt volatility may be expected.

Comments
NEXTTRADE
Awesome! Thank you Motion1!
Motion1
@NEXTTRADE, No problem!
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