Sapphira
Long

GBPUSD Potential Long Continuation

FX:GBPUSD   British Pound/U.S. Dollar
304 5 11
Price has retraced and found support at 38.2 retracement. Am watching to see whether price will break support and
perhaps drop to .5 ( 1.2350) or lower or whether price will bounce off current support and continue up to test resistance around 1.25/1.2520.
ruselforex
3 months ago
lets see..
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Sapphira ruselforex
3 months ago
Yes, let's :)
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Mr_Gedze
3 months ago
I'm with you on this one... Though I'm merely hopeful and don't have any other indicator/strategy to back it up. I'm a self-taught rookie though. Let's see...
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Mr_Gedze Mr_Gedze
3 months ago
ABCD Formation.
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Sapphira Mr_Gedze
3 months ago
Thank you. I'm self taught as well. As I understand it, price needs to retrace to 61.8 to meet the requirements for an ABCD pattern. But support has held so far, so we will see:)
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