sugarfx

GBPUSD RIGHT ON THE TREND LINE AND SUPPORT ZONE

FX:GBPUSD   Pound British/Dolar U.S
GBPUSD             is sitting on the trendline as well as the support zone at 1.3 -1.35 level. After the bearish candle we saw yesterday, the next day or two will give us more indications.

2 scenarios:
1) if it fails to hold 1.3 and daily candle closes below that level, we will see 1.28 as first and 1.263 as second target.

2) if it holds and closes in green, we will see 1.33 as the target before deciding the next direction.

Load up your guns, get ready!
Komen: now we can trade this range between 1.31 and 1.33 200 pips zone and set stop entry order below 1.30 for sell and 1.33 buy to target 1.26 400 pips and 1.36 300pis
Komen: this is beautiful, and we will see the next target 1.358 soon
It bounces off the trendline and support nicely,1.33 here we come
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