Possible Long position for GBPUSD Long

British Pound/U.S. DollarFXCM

Description

⋅ Mar 21, 2019 4:49 PM

Possible long position for GBPUSD. Simple trend line bounce occurring. Small stop loss just under the trend line in the case of trend line being broken. Price has remained above the 200 EMA thus indicating a long bias. USD expected to drop a little bit therefore GBP expected to fly.

Comment

⋅ Mar 22, 2019 12:57 PM

**WELL IN PROFIT IF YOU TOOK MY TRADE**

Comment

⋅ Mar 22, 2019 3:17 PM

**TAKE PROFIT HAS BEEN HIT**

Comments

Eren_Jaeger_Trader

⋅ Mar 21, 2019 5:31 PM

Yeah i think so too the price is getting heavily discounted.

Fundamentals also suggesting GBP Strength is overdue, possible reversal imminent.

Fundamentals:
prntscr.com/n13fge

Rayyan_2805

⋅ Mar 21, 2019 5:57 PM

@mattycheung, Thanks matty, appreciate the comment, please feel free to leave feedback on all of my predictions on my page. It would really help!