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MitchellShoesmith
Sep 6, 2016 8:09 PM

GBP/USD,240 - BREAKOUT. Long

British Pound/U.S. DollarFXCM

Description

GBP/USD has just broken out of the 1.33715 an area of key resistance following some news about the US economy. This breakout could push price action to around 1.34800 and beyond. I am anticipating a pullback from the highs of today back down to around 1.33715 which should then act as support, i will then enter long on this up to 1.34800.
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