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Mihai_Iacob
Oct 27, 2020 5:07 AM

GbpUsd- upside potential Long

British Pound/U.S. DollarFXCM

Description

Last week, GbpUsd broke violently above 1.3 resistance and accelerated to 1.3180 top.
Now the pair corrected and confirmed 1.3 as new support and looks ready to resume its up move.
Buy dips close above 1.3 is my strategy for this pair.
A daily close under 1.3 negates this scenario and calls for a reconsideration
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