Peter128
Long

GBPUSD countertrend end is in sight - Go Long

FX:GBPUSD   British Pound / U.S. Dollar
50 1 0
The uptrend which started in July 2013 is still in place. The active low is 1.6250.
The current countertrend which started on 17 February is almost exhausted. Oversold condition ( RSI is low and CCI is extremely low).
Recommendation to go long on Day CCI 100 breakout.
It's a good strategy. A good idea was also the change of the CCI parameter.
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