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peterbokma

GBPUSD - BUY strategy

Long
British Pound / U.S. Dollar (FX:GBPUSD)  
peterbokma  
FX:GBPUSD   British Pound / U.S. Dollar
Trend Analysis gbpusdlong
5
0
trendanalysis gbpusdlong
The short-term picture starts showing good for GBPUSD again.
We are supported by Donchian channel 1.3350, and the EOM indicator using a MA 9-period, has a clear break.

I feel buying is the right thing to do now at 1.3450 or lower. Stop-loss below 1.3350 and a profit objective 1.3600 > 1.3850.

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