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artyomka2000
Aug 2, 2017 6:41 PM

GBPUSD Possible Retracement Before Going Higher Long

British Pound/U.S. DollarFXCM

Description

GBPUSD has slowed down from a steep uptrend to a consolidation, and it looks as though it might break 1.3200, retest previous support and resume higher. There is also RSI digvergence which further backs the point that it could retrace lower. Just an idea to put out there

Comment

waiting for another pullback due to a large 4 hour candle before getting into any long positions
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