Current market bias is Bearish for GBPUSD.
In a bigger timeframe i am seeing a pullback(corrective wave) of B-C structure.
Furthermore there are conflunce of support at this level , mainly
1. 61.8% golden ratio
2. Upward trendline from 17/10/2016 and 9/03/2017
Trade ideas
BUY #1 at this level 1.3550
BUY #2 at 1.3300
Hard SL 1.3030
TP #1 1.4400
TP #2 1.5000
Risk per entry 2%
Happy trading guys..
In a bigger timeframe i am seeing a pullback(corrective wave) of B-C structure.
Furthermore there are conflunce of support at this level , mainly
1. 61.8% golden ratio
2. Upward trendline from 17/10/2016 and 9/03/2017
Trade ideas
BUY #1 at this level 1.3550
BUY #2 at 1.3300
Hard SL 1.3030
TP #1 1.4400
TP #2 1.5000
Risk per entry 2%
Happy trading guys..