GBPUSD Buy Near The Up Trend Line Long

British Pound/U.S. DollarFXCM

Description

⋅ Sep 8, 2016 8:49 AM

I expect the pair to correct deeper near the up trend line and this is where i would like to buy, after a double bearish cycle on the H1 chart and a bullish divergence to form.

Stop Loss – below last low created.

Target 1 – 1.3325.

Target 2 – 1.3435.