TomProTrader
Long

GBPUSD: Looking For Bullish Move Into Obvious Momentum

FX:GBPUSD   British Pound / U.S. Dollar
486 6 13
Friends,

Long is the word, looking for a move to channel top, which is an obvious first target. If this move succeeds we will see the 200MA curl around giving us a longer term uptrend, perhaps. Note there was recently a golden cross, which is instrumental in providing us with uptrend confirmation.

Looks good for safe entry now, recommend 15 min chart for the order execution, due to it being quiet nimbly to the upside, perhaps slightly overenthusiastic.

Regards
Tom
Hey Tom, how you doing mate? I actually longed this pair on Thursday night but closed the position before Friday market close. This is due to a possibility of Greece accepting the deal. Still very uncertain situation in Greece. All the best and Have a great weekend :)
+1 Reply
TomProTrader moneymaking
It is ever so weird that I just private messaged you before I saw this comment.

How funny.
Kind regards
Tom
+2 Reply
moneymaking TomProTrader
LOL, I know right. Such a coincidence :)
Reply
Looks great Tom.
Reply
IvanLabrie PRO IvanLabrie
This would be my only concern:

snapshot
Reply
IvanLabrie PRO IvanLabrie
(Elongated flat, might be a B rally).
Reply
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