FX:GBPUSD   British Pound / U.S. Dollar
Strategy was to revert to dip buying as there is high probability of price action bounce on conflux of 200SMA, down channel and Completion of TD Sequential Count on Nov 14. We buy the support @ 1.5828 for a test of Nov 11 high, 1.60041. In retrospect, given the negative bias that, first partial take profit is 1.5900. The risk to this buy call is selling thorough Aug 31 Low, 1.57773.


The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.