TheTradersAvenue

GBPUSD > The Best Place for A Buy Trade!!

לונג
FX:GBPUSD   לירה שטרלינג / דולר אמריקאי
Analysis of #GBPUSD


The GBPUSD keeps swinging based on BOE intervention in the market, as you see now we have GBPUSD tested its trendline resistance and started falling back, however, it's now at a minor support level and we could see it going up from here0

As you can see we are near a 1.1000 strong key market level, I will wait and see if the market will rally up with momentum from here to break and close above its trendline resistance, then I will look for a trend continuation entry that meets my rule ate the lower time frame.

I have another way to buy GBPUSD, but i will post it in different post to not complicate things in this post





Thanks for your continued support!

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