Long opportunity on GU Long

British Pound/U.S. DollarFXCM

Description

⋅ Jan 7, 2021 12:27 PM

we can see a head and shoulders form on the 1h graph, with a strong support it has held for the last couple of days, looking to buy back to the January 4th high

Trend Analysis

Comments

fxsurgeon1

⋅ Jan 8, 2021 12:05 AM

It’s in a downtrend as broke through lower trendline with a few retests, failed to cross and now in reversal making lower highs and lower lows