BCounts

GBPUSD POTNTIAL LONG FOR THE WEEK

FX:GBPUSD   British Pound / U.S. Dollar
Used the channels the track the highs and low, change of market trend, when the recent high didn't hit the top channel and the new low did not go below the previous low. Showing that the buyers are slowly taking control of the market. This will lead to the change of market direction and potentially go bullish. If it doesn't break ups then it will potentially consolidate for a few days then we will see what happens. I will be focusing on risk management on this trade and accept losing and winning what I can safely.
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