Fxprotrader

GBPUSD: Great Zone to Watch for Longs

Long
FX:GBPUSD   British Pound / U.S. Dollar
Price is in an uptrend and is now retracing into a correction at the lower parallel of an upsloping median line. At the same level we have previous structure and the 0.618 fib retracement of the previous impulse up. If price reaches this level we should start watching for a buy setup to complete.
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