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FXKing009

GBPUSD / STILL LONG

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Paun British / Dolar A.S. (FX:GBPUSD)  
FXKing009  
FX:GBPUSD   Paun British / Dolar A.S.
Trend Analysis Chart Patterns Beyond Technical Analysis GBPUSD gbpusdlong gbpusdsignal gbpusdanalysis gbpusdidea gbpusdsetup gbpusdtrade gbpusdbuy
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trendanalysis chartpattern beyondta gbpusd gbpusdlong gbpusdsignal gbpusdanalysis gbpusdidea gbpusdsetup gbpusdtrade gbpusdbuy
After doing some more studying of this pair I can see that price is heading towards its weekly resistance level where it was rejected from previously
If we take notice of the 50MA price has bounced off it several times which indicates a strong bullish move to resistance

I also see bullish divergence on the daily which indicates price is in an uptrend
I will wait for confirmation on the 15m timeframe before entering this trade
Penafian

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