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IvanLabrie

GBPUSD: Downtrend expired

Long
British Pound / U.S. Dollar (FX:GBPUSD)  
IvanLabrie  
FX:GBPUSD   British Pound / U.S. Dollar
GBPUSD BOE fed pound timeatmode
17
19
gbpusd boe fed pound timeatmode
We can clearly see the reaction to the downtrend signal expiry.
I'm looking to buy a breakout above the 10 period MA here, which would put my entry at around 1.53849 to be safe.
GBP has been lagging the Euro and Crude rally, so it'll be interesting to monitor all GBP pairs for long setups now.
Will update with the entry and scale in opportunities.

Good luck,

Ivan.
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