EliteTradingSignals

GBP/USD BUYERS WILL DOMINATE THE MARKET|LONG

Long
FX:GBPUSD   British Pound / U.S. Dollar
Hello,Friends!

GBP/USD pair is trading in a local uptrend which know by looking at the previous 1W candle which is green. On the 3H timeframe the pair is going down. The pair is oversold because the price is close to the lower band of the BB indicator. So we are looking to buy the pair with the lower BB line acting as support. The next target is 1.269 area.

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Comment:
We are seeing a good move already so we will keep the trade running!

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