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spesfinancial

GBPUSD Retracement on day chart, be cautious on long trade

Long
British Pound / U.S. Dollar (FX:GBPUSD)  
spesfinancial  
FX:GBPUSD   British Pound / U.S. Dollar
GBPUSD
2
0
gbpusd
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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