GBPUSD at pivot level 1.5060

FX:GBPUSD   British Pound / U.S. Dollar
GBPUSD             has approached for 3rd time in recent hours dynamic level at 1.5060.
Likely scenario: following positive EURUSD             dynamics, GBPUSD             closes above 1.5060 which confirms buy entry targeting 1.5160 area.
Alternative scenario: kick down from 1.5060 to 1.4970, then another leg up to 1.5160.

This idea is an updated view on a broader GBPUSD             outlook.
Trade active: Long entry confirmed, SL moved to 1.5040, TP 1.5160.
Trade closed: target reached
Nice analysis man...keep going
this is my present view..............
it was a good analysis..............keep it coming.
+1 Reply
rauan PRO kopparam
many thanks, Vijay
1.5060 entry level confirmed, let's see 1.5160 target reached in few hours.
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