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TurtleBChi
Apr 24, 2013 4:43 PM

3 reasons for a long on GBPUSD near 1.5180 Long

FX:GBPUSD240
British Pound/U.S. DollarFXCM

Description

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Possible long opportunities for GBPUSD between 1.5175 and 1.5185 for 3 technical reasons:
1. 4 hour 200 MA
2. Fib retracement support of 61.8
3. 4 hour reversal trend line

Target to 1.5350 - 1.5400
Stop 1.5025
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