FOREXCOM:GBPUSD   British Pound / U.S. Dollar
hits a nice monthly pivot giving a chance for a long position to 1.3418 where I placed my TP in a down trend, Pair bouncing in the 38.20% fib level creating a correction, once it hit the profit line we will have to wait to see how the trend behaves. RSI and MACD are reporting oversold levels. this is on the day and week time. gbpgb


This post is just educational, do not copy my trades, if is there anything that you would like to comment please do!

even though the pair is in my SL area, Im following the market, Im still holding my position.
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