mleader1

pound going up

Long
mleader1 Updated   
FX:GBPUSD   British Pound / U.S. Dollar
pound should going go a bit from here.
GBP has been strong in survival in the past few days and maintained good line support around the 1.374-1.376 area, it has formed a mini falling triangle since the rise on 2nd, July. However if it does breakout up and rise, I expect it to be sharp as I expect there might be some significant buyers who's been waiting for long and hungry.

Entry: I'm in already. If you not, you may consider 1.3793 which is a much safer entry, but then the SL will be risky so good luck.

The TP level to me is a luxury at 1.386 since I'm dreaming for some loss recovery (trailing at peace). But if market is strong, I expect some wonder sparkles.

GL..
Comment:
TP. green week finally. GL all
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