GBPUSD technically shows us a good chance to start buying it.
It forms a divergency, it's candles show that bears quite weak about sending it lower, and so we consider long could have chances to go up to a very long channels high.
Plan A: we but today before the market closes then we watch the market how bullish orientated it is.
Stop-loss: 1.28336
Take-Profit: 1.36497
Profit ratio: 2.64
Plan B: in the case we see further weakness of USD we need to be ready to terminate position and wait another low.
For more ideas visit: mercuriusam.wordpress.com
It forms a divergency, it's candles show that bears quite weak about sending it lower, and so we consider long could have chances to go up to a very long channels high.
Plan A: we but today before the market closes then we watch the market how bullish orientated it is.
Stop-loss: 1.28336
Take-Profit: 1.36497
Profit ratio: 2.64
Plan B: in the case we see further weakness of USD we need to be ready to terminate position and wait another low.
For more ideas visit: mercuriusam.wordpress.com
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