GBPUSD Long Trade Long

British Pound/U.S. DollarFXCM

Description

⋅ Jun 1, 2016 1:05 AM

PA has had a significant move down and has rebounded off the rising TL. If PA can continue moving up past the broken 61.8 fib level, then we could see a move up to re-test the previous broken support level as well as the 50 SMA.