tommygun111

GBP/USD Long, For the coming week.

Long
FX:GBPUSD   British Pound / U.S. Dollar
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1
I was looking a this pair last week thinking we found a bottom and was waiting long conformation. Then we had the gaps over the weekend, that really got things going. Price action this week has showed us that the bulls want to take over and we have found a bottom.

We should see a 3 wave correction down to the 61.8 fib level, where price will fail, this will be a good place to go long and could complete wave 1 in this bull move.