tonz_of_gunz
Long

GBPUSD BULLISH FLAG ON H1

FX:GBPUSD   British Pound/U.S. Dollar
849 5 37
GBPUSD             developed a nice bullish flag ahead of FOMC news, the market is expecting a weak dollar. This is just an observation, please use a good risk management system when you trade big news events.
Comment: Seems my interpretation of the markets was right,price went almost to my flag target and is making another flag on a lower tf.
snapshot
Nicely called......
Reply
Thank you!
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Do you expect it to come down to 1.309 again before the upwards move?
Reply
Possible, dollar looks like its gonna start goin up so GU should go down.
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drill tonz_of_gunz
Thanks for your answer.
Reply
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