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Alex.Singletary
Jun 2, 2016 4:41 AM

Weekly Uptrend Resumes  Long

British Pound/U.S. DollarFXCM

Description

DXY overextended and failed to breakout above bearish channel.
GBPUSD failed to break below key weekly support level.

Now we have a 3 candle rejection + Bullish engulfing (closes in 17 min)

1.48 is next target for bulls.

Trade active

Trade closed manually

BE on this one. Got a bit wild. will wait to trade this pair a while
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