TradingView
peterbokma
May 2, 2022 3:00 AM

GBPUSD-BUY ++ Long

British Pound/U.S. DollarFXCM

Description

We have corrected little and over-time is expected to move towards 1.2890 again.

For now, BY buy strategy is @ 1.2478 only and when done take-profit @ 128.37. I am not keen buying current as it may trade downward due to liquidations of LONGs.

Comment

idea still valid BUY @ 1.2478 and lower again @ 1.2405.
Comments
initialjie
bull trap, waterfall coming
peterbokma
@initialjie, it's not a bull run but merely a correction. Thereafter it can run its course. tc
More