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Mihai_Iacob
Nov 12, 2019 6:02 AM

GbpUsd outlook Long

British Pound/U.S. DollarFXCM

Description

After a violent rise of 800 pips, GbpUsd found resistance around 1.3 figure.
The pair corrected forming a flag with resistance laying at 1.29, a break here would expose 1.3 high and, furthermore 1.32 zone

Strategy:
Buy a daily close above 1.29
Target 1 @ 1.3
Target 2 @ 1.32
SL @ 1.28
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