afhacker
Long

Price in 50% retrace level and above 200 EMA

FX:GBPUSD   British Pound / U.S. Dollar
76 0 0
If we look to GBPUSD             we will find that this pair started a new trend and downtrend is almost(maybe) finished.
Considering this new uptrend we had a pullback and now this pullback came to 50% fib retracement level and also 200 EMA , Yesterday we had a bullish candle so price facing support in this area.
Going long from this level is a good opportunity to catch and ride this new trend also our risk will be small(My SL 1.5471).
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