sjdennies

GBPUSD long term perspective

Long
FX:GBPUSD   British Pound / U.S. Dollar
We're reaching monthly 61.8% fib retracement with a heavy hit to the value of the pound. I see the next 2 weeks GBPUSD settling and finding a support at trade entry level and look to hold a conservative investment with larger stop loss to allow the trade to play out.
I'm not typically a long term swing trader but adapting trading style to coincide with working. Just because your working full-time, doesn't mean you can't continue with a passion.
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