Trend Continuation Trade

FX:GBPUSD   British Pound / U.S. Dollar
101 0
This is beautiful opportunity to go long GBPUSD .
Resistance becomes support and Risk/Reward is well over 1 to 5 to the 1st target
If we test 61.8 level and get rejected form there I will buy to 1.2650 and If we fall through then the next level is 78.6 which gives us Chyper pattern.
I personally open to positions and will trail 2nd position if we get break above 1.26 levels
We have DXY also reached 61.8 on a higher time frame so dollar pullback could be expected.

Manage the risk! Size right!

EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out