nelsyboy

Future GBP/USD Price Action

OANDA:GBPUSD   British Pound / U.S. Dollar
I previously posted a BUY for this pair on 14th May which did prove to be a very small bounce at the time my idea was posted. Price has now carried on down to another junction of trend line and previous BUY price. It's a risky BUY but one to watch in a lower time frame perhaps. Obviously if there is a solid break of line at close tonight, then chances are the next candle will also be down.
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