FX:GBPUSD   British Pound / U.S. Dollar
GBPUSD has been falling since the 1st of May. We are at the bottom of a range which we have been in since the end of March.

A range of 1.21500 - 1.26500.

I think there is an opportunity to go long in this market but if we break out of this range to the downside, there is a potential to go significantly lower.

I prefer longs in this pair. Everyone's comments and feedback are more than welcome.

Happy trading everyone.