GBPUSD-BUY strategy Long

British Pound/U.S. DollarFXCM

Description

⋅ May 20, 2022 5:04 AM

Short-term am not clear on the movement right now.

The weekly chart suggest bottoming and we should be buying between 1.2360-1.2400 and take profit let's say 1.2687. This is close to the middle level of the downward sloping channel.

Trend Analysis gbpusdbuy