ADAMMAC

GBPUSD BREAKOUT LOOMING

FX:GBPUSD   British Pound / U.S. Dollar
131 0 11
Price action suggesting that theres still enough movement to the upside confirmed with the moving averages.

Waiting for a clear opportunity to enter the market as a breakout is just a matter of days away, all the signs are suggesting its eminent.

Monthly trend line acting as resistance along with the bounce above the 50% fib level.
Comment: Breakout to the downside has occured. Waiting to see what happens in tomorrows open.
Comment: Downtrend continuation confirmed.
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