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xChampi0nx
Aug 2, 2016 11:47 PM

Long gbpusd!!! Long

British Pound/U.S. DollarFXCM

Description

Weekly:
Its in downtrend but brexit took price too far too fast. Look where kijun us and res line is spike resistance based on monthly chart
Daily:
Downtrend. But price above kijun now and looking at lower time frame there is a trendline support and pair can rip higher for now.
Second reason for trade is usdollar came into resistance and reversed. I expect continuation. So, taking a long here and target around 1.3650-1.3700.
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