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Fxprotrader
Dec 9, 2016 10:46 PM

GBPUSD: Great Zone to Watch for Longs Long

British Pound/U.S. DollarFXCM

Description

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.
Comments
JibasJr
Perfect setup
Fxprotrader
@ZeziScalper, Thank you
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