forexsavants

GBPUSD LONG

Long
forexsavants Updated   
FX:GBPUSD   British Pound / U.S. Dollar
We think USD has more room to fall (approx 100pips) before any majore reversal. And British Pound has reached an area of importance and we think there will be a move up.
Why? CoT report!
Happy trading!
Comment:
We missed a little import thing. Sorry about that! Price may actually drop to 1.377 something and then recoil upwards to SupplyZone.
Comment:
New data has arrived. We will wait with this one to go long. Price may drop to 1.37 area and if it does - its 100% safe to go long!

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