J-P
Long

GBPUSD to retrace back after the long move down

FX:GBPUSD   British Pound/U.S. Dollar
96 0 6
This pair could not break new lows, and retested the support without breaking it. Also there is divergence on the RSI which shows exhausted market.
My daily chart analysis is just a wide picture how i expect the market to behave in the coming week or two.
I will look at smaller time frames to enter a trade.
I will post it below when I see the opportunity to enter the market.
Trade active: first traget 1.2500
Trade closed: target reached: Stops to be moved to break even and second target 1.28
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