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ForecastCity
Jan 12, 2021 8:57 PM

💡 Don't miss the great buy opportunity in GBPUSD Long

British Pound/U.S. DollarFXCM

Description

Trading suggestion:
. There is a possibility of temporary retracement to suggested support line (1.36). if so, traders can set orders based on Price Action and expect to reach short-term targets.

Technical analysis:
. GBPUSD is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 75.

Take Profits:
TP1= @ 1.3675
TP2= @ 1.3705
TP3= @ 1.3750

SL= Break below S2

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Comments
Sophi2018
You rock, thanks for sharing this chart.
ForecastCity
@Sophi2018, We hope you get the most out of it.🌹
Josef_anderson
I appreciate it. Excellent charting!
ForecastCity
@Josef_anderson, Thanks for your support.
Kamryn
You cover both directions in your idea. It's such a vise. 👌
ForecastCity
@Kamryn, Cheers 👍
Kristalyn
It's very helpful. Cheers 👍
ForecastCity
@Kristalyn, We hope you enjoy it 👍
Pro_Trader_007
Well done. 👏
ForecastCity
@Pro_Trader_007, Thanks 👍
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