elponggar

GBPUSD - Buy for short term and Sell for longer term

FX:GBPUSD   British Pound/U.S. Dollar
38 0 0
Generally, I see GBPUSD             are under pressure for this week and this pair going to meet with 0,23% Fibonacci and support trendline which is tested for twice.
I set my trading for buying GBPUSD             with TP for 93 pips and then I will sell with TP 200 pips. If my setup with sell trade fails I still have about 20 pips in my pocket, so that's okay.

In weekly chart you will see this pair already hit the support trendline and personally I think it will bounce up in to 2,618% Fibonacci, so if all my setup are fails, my 3rd plans are buy this pair @1.28510.

Have a nice trade fellas, and don't forget to use a tight money management.
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