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swissmoneymakers

GBPUSD - Pullback Movement

Long
British Pound / U.S. Dollar (FX:GBPUSD)  
swissmoneymakers  
FX:GBPUSD   British Pound / U.S. Dollar
Trend Analysis Chart Patterns buy pullback pullbackbuy support areasupport
2
0
trendanalysis chartpattern buy pullback pullbackbuy support areasupport
The market broke the resistance at 1.26539!
Now it has reached the trendline and the support area around 1.26100

We recommend to buy towards the Fibonacci Level of 50% (1.26479) with a risk-to-reward ratio of 1 to 3.

Best of luck!
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