peterbokma

GBPUSD- BUY strategy

Long
FX:GBPUSD   British Pound / U.S. Dollar
Overall trend is likely downward, but short-term some signs that we may see an higher attempt first.

The stoch RSI is positive slightly, and we are supported @ 1.2050 area, and below this level we should place a stop-loss on our longs. The current level 1.2080-1.2100 is buying level for a move higher to 1.2317-1.2387 objective.

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