ThomasJeff_DCM
Long

GBPUSD Potential long-term swing trade with Cypher pattern

FX:GBPUSD   British Pound/U.S. Dollar
Here we got a potential bullish Cypher pattern that can give us an entry on retracement on the new bullish trend we are seeing on this pair after the Greek election panic. Its a long term trade so expect it to take some time to play out.
But it will keep you more safe when it comes to volatility on the news that are comming out every day at the moment.

Look for it to retrace down to out entry at the blue line and the RSI to reach over bought condition and then for a continuation of the trend.

Kind regards
Thomas Jeff
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