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BoritoElTaco
Jul 5, 2017 9:10 PM

STERLING IDEA Long

British Pound/U.S. DollarFXCM

Description

On Daily we saw a decent structure retest of the broken CTL. It´s also our 38% FIB area at Daily Support zone at 1.2900.
If we now see a full SMA cross and break of our currently Resistance at 1.2938, then we can entering a Long position. First Target is 1.3000, but if it close strong bullish above Monthly Resistance, we may can see the move to 1.3100.
Let´s see what the Asian Session brings... Also NFP News tomorrow..
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