spesfinancial
Long

GBPUSD Retracement on day chart, be cautious on long trade

FX:GBPUSD   British Pound/U.S. Dollar
20 0 2
It is obvious GBPUSD             is still in downtrend on day chart, but it may keep going up for retracement above 1.5243. Therefore, for intraday trading, I will be looking for long trade when price breakes out the resistance level , but I have to be very cautious and sensitive as it is against the day trend.
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