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PeterHedger3

GBPUSD

Paun British / Dolar A.S. (FX:GBPUSD)  
PeterHedger3  
FX:GBPUSD   Paun British / Dolar A.S.
Trend Analysis Harmonic Patterns Chart Patterns
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trendanalysis harmonicpatterns chartpattern
GBPUSD has been falling since the 1st of May. We are at the bottom of a range which we have been in since the end of March.

A range of 1.21500 - 1.26500.

I think there is an opportunity to go long in this market but if we break out of this range to the downside, there is a potential to go significantly lower.

I prefer longs in this pair. Everyone's comments and feedback are more than welcome.

Happy trading everyone.
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