FX:GBPUSD   British Pound / U.S. Dollar
Potential Long on GBPUSD . Price is approaching the daily trendline and is coming up to a previous level or support/resistance . The level I've highlighted in pink lines up with fibonnaci levels. I'm looking for a break and retest of the descending trendline to take this long. Fundamentally the pound is trying to recover and USD is still unsteady. However, if price breaks the daily trendline, I will be looking for a short off of the retest of the descending trendline and previous support/resistance .


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