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MattsActionPlays
Nov 4, 2016 4:43 PM

GBP/USD 

British Pound/U.S. DollarFXCM

Description

Waiting for Retracement into .618 if at all, then will continue with view on going long. People want this trend to continue and the news is in our favour at the moment.
Comments
MattsActionPlays
Bought in at retracement
MattsActionPlays
Observe the previous spike where RSI becomes overbought. From the low stick to high it retraces back down just below .382.. Now look at the most recent spike from low to high. Once again overbought and gone just under the .382 retracement.
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