vlad.adrian
Long

GBPUSD - Still a bullish divergence (Update)

FX:GBPUSD   British Pound / U.S. Dollar
311 1 5
The chart published two weeks ago still stands.

A downtrend has started in this pair, but right now it is time for a correction.

Bullish divergence on the MACD lines, and double bullish divergence on the histogram.

I would look for at least 1.63, but considering the way the chart looks, 1.67 is not unlikely.
28.10.2014 got out on breakeven
this pair isn't moving after a strong bullish divergence, no need to stick around
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