PeterHedger3

GBPUSD - Looking for a short term rise

Long
FX:GBPUSD   British Pound / U.S. Dollar
GBPUSD Has been going down a lot recently. Its currently testing a longer term downward trend line . If this breaks we could go higher. It also looks a like an inverse head and shoulders pattern. As we are on the shorter time frames anything can happen but I am interested in a short term long position if we see the right price action. Lets see what happens. Happy Trading everyone.