IGcher
Long

GBPUSD Bullish Idea

FX:GBPUSD   British Pound / U.S. Dollar
GBPUSD             has break 0.618 Fib Retracement level. Candlesticks shows that sellers are taking profits. I believe that theres only way up :)

-Higher Lows are created.
-Higher high is created.
-RSI shows over sold.
-MACD showing signal to turning on UPTrend.
What is your TP before the trend retrace south?
Reply
IGcher IwanBayan
TP1 is 0.382 retracement what you see in pic. As you can see there is major resistance at that level.
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