TradingView
ForecastCity
May 3, 2019 3:14 PM

Don't miss the great buy opportunity in GBPUSD Long

British Pound/U.S. DollarFXCM

Description

Trading suggestion:
. There is a possibility of temporary retracement to suggested support line (1.30793). if so, traders can set orders based on Price Action and expect to reach short-term targets.

Technical analysis:
. GBPUSD is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 75.

Take Profits:
TP1= @ 1.31810
TP2= @ 1.32600
TP3= @ 1.33500

SL= @ 1.30427
Comments
Best_Forecast
Very thoughtful, congratz n thanks a lot giving me a better direction and surely earning money. Two thumbs up and God bless you always!
ForecastCity
@Alexander_007, Thanks for your comment.
Forecast_Crypto
Keep This on my Radar This Week, Thanks a lot!
ForecastCity
@Forecast_Crypto, You're welcome.
fxniki
It's a valuable opportunity for me to buy on GBPUSD. I appreciate your forecast.
ForecastCity
@fxniki, Thanks for your comment.
More