Kaustuv
Long

GBP/USD-Mean reversal

FX:GBPUSD   British Pound/U.S. Dollar
37 0 3
The overall trend of the GBP/USD             right now may well be downward, however it should be possible to make a long trade on the principle of mean reversal. The current GBP/USD             rate is 0.4 standard deviations below the line of linear regression (20 periods). So one could enter a long position at 1.55206, with TP at 1.5524,and SL at 1.5516
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