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AzrulAzir
Jul 16, 2017 12:17 PM

GBPUSD Weekly analysis (july'17 to july'21) Bullish Long

British Pound/U.S. DollarFXCM

Description

as we can see, this channel reach new record high for this year at 1.3114, and still at channel up trend.
But its almost reach channel up pattern resistance level. So the best option for this week are waiting for small retracement, and enter long at CSR (1.2976), with target at 1.3290
Use stoploss at second CSR bellow 1.2818, aim for 300 pip with 2 RR ratio will be a great plan for this week.

Comment

+150 pip bearish, so far so good

Comment

short close with +175 pips. enter bullish now
Comments
ripon02
nice analysis and good opportunity for me.can you give me update please NZDCAD and AUDNZD for this weak. thank you
420snoop
beautiful
420snoop
@420snoop, my idea agrees
BrunoSalles
Looks a great opportunity! Many thanks
Pter
Thanks for share your analysis.
Have a good Sunday.
lionos
you look beautiful and your analysis too.
NateTheGreat7
Nice call!!
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