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6.1.8.Family
Dec 27, 2016 3:23 AM

GBPUSD: An Opportunity To Go Long Long

British Pound/U.S. DollarFXCM

Description

GBPUSD -0.13% is squeezing at the bottom as an A-B-C structure is in the making. Also, there is a bullish divergence signaling a potential change in direction soon. Therefore, a buy trade to the 0.382 fib. level is a good idea.

Trade with care. Use a strategy you have tested and verified.

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Comment

Just realised my idicator was cut out to show the bullish divergence:

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