asianfx
Long

GBPUSD Exploded higher last week. Minor Pull back Strategy

FX:GBPUSD   British Pound / U.S. Dollar
Regarding to my last week analysis about GBPUSD/Sterling. GBPUSD exploded higher last week at the price broke above 1.2570 resistance. It closed well above the neaby resistance. This is obviously a Bulls taking in Control while bear still asleep. We can look for minor pull backs to the downside to get long and trade in-line with the bullish momentum. The price between 1.2680 – 1.2570 is the primary buy opportunity this week.
May 11
Trade closed: target reached

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