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DariusAnucauskas
Oct 13, 2017 6:31 AM

GBPUSD - 60 - Ready to pop on the Hourly. 

British Pound/U.S. DollarFXCM

Description

We had a really ridiculous day yesterday on the GBPUSD.

It is balancing right now around the key 1.32680 . It did close above that yesterday, so there is more potential to the upside and we are building this flag shaped formation. In this scenario, normally, we should expect a move to the upside, but I would recommend to stay sharp because of the 1.32680 level. The market likes to surprise everyone (we understood that yesterday).

You can try to take a quick BUY or SELL position on a break, but keep your finger on the execution button just in case.

Be careful and keep an eye on the price action!

Comment

It popped!! =)

Comment

We had our pop, so no longer valid.
Comments
DariusAnucauskas
Thank you, @hidekiuchida , for the "Like" =)
DariusAnucauskas
Thank you, @meszaros , for liking. =)
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