Razvan
Long

GBPUSD - Maybe its time for a pullback

FX:GBPUSD   BRITISH POUND / U.S. DOLLAR
It seems that today I am just stuck with the Bullish side. I know that the bigger picture shows a big bearish setup for GBPUSD             , but intraday I still believe it is time for a swing high. New York is about to open, maybe things will change during this trading session.
Trade closed: target reached
Same here as it is for the EURUSD, I am waiting for a pullback.
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@Razvan:support will be around@1.5411 at first, if that level would be broken, then it goes further down. If it stays at that level, then a swing to 1.15470 is possible; so it is just my personal opinion.
Trade well!
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Razvan NamMinh
Thanks, you are right. I am expecting the price to false break the trend line, hitting the 78.6 Fibo, still i believe a pullback is on the way!
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