JigneshDavda
Long

Great R:R for a long position in GBPUSD

FX:GBPUSD   British Pound / U.S. Dollar
96 0 2
The GBPUSD             looks to be in a bullish corrective structure. Looking for one more high towards the daily resistance area at 1.46

We are starting to see some buying near the bottom of the channel which confluences with the 88.6% Fib. The 4H Candle has yet to close, however, good risk to reward from this area with stops below the 1.40527 lows.
A 1H or 4H bullish engulfing candle would add further conviction to the trade.
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out