newbie2016

GBPUSD Buy Setup

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FX:GBPUSD   Paun British / Dolar A.S.
Details on chart.
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GBPUSD entered into sell zone..!!
So stop moved to 1.432
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Stop now at BE.
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Its good to catch strength of gbp by buying gbpaud as well.. 1.90 and high on way!
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As far as gbpusd is above 1.432 its still bullish.. only break of 1.432 will take it towards 1.422 and above it will return back above 1.44
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Neutral on this pair for today.. It is still bullish but moving with bearish tone..

It is getting resistance from unfilled gap which is close to 1.447 and if it goes there and went above 1.451 then it will go for more highs as 1.451 is neckline of double bottom... still a long journey.. as for now its in bearish tone and NFP :)
Penafian

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