Definitely still bullish, support at 1.30 or 1.29.

Panjang

Paun British / Dolar A.S. (FX:GBPUSD)

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FX:GBPUSD Paun British / Dolar A.S.

trendanalysis chartpattern indicator gbpusd forex fibonacciretracement gbp forexsignals

Since the year started every dip has been a buying opportunity and there's no reason to believe that's going to chance. I'm looking for support either at 1.30 or 1.29 and will only look again into it if i see a clear move below 1.28. Most traders will try to trade against the market, but imo it's only consolidating before the next leg higher. Waiting to get some divs on lower tf at support levels could be a great trade.

Komen:

It got to my second target today and jumped. It was diverging on lower tf, which was my main focus after reaching the 0.618 fib level. I'm now sitting with a SL at BE and i do think it'll give one more chance to buy closer 1.288. If we get lower with divs on the 4hr chart i'll get in again and if it goes up from here i'm good too :)

Penafian

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