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XinChen

GBPUSD Potential Triple Bottom, Long Position.

Long
British Pound / U.S. Dollar (FX:GBPUSD)  
XinChen Updated   
FX:GBPUSD   British Pound / U.S. Dollar
2
0
GBPUSD is dropping to potential support zone. We can identify two previous supportive bottoms after the Brexit from the chart. I don't mind open a small long position now around 1.29839. Watch close to the price action and stop loss is below prior low. The first price target is around 1.33204.
Comment:
And it's in the oversold zone so aggressive trader could bet for a bounce back. Trade with close stop order since it's still in bearish trend.
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