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Xpressforex
Feb 19, 2020 6:49 PM

GBPUSD Long Postion Long

British Pound/U.S. DollarFXCM

Description

GBPUSD looking to move bullish. The RSI indicator is sitting around 25.0 which is a common indicator that we are in a bullish market. This is also reinforced by the Stochastic indicator which is showing us that the market has been over sold. Finally, we have seen a bearish market throughout today which broke a significant support level, therefore expecting a retracement. This is a scalping idea. What do you think?
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