GBP/USD ANALYSIS

2 בינו׳ 2017

As long as the support at 1.2082 is not broken downwards, this pair remains a BUY. Strategy is simple. Only go in the direction of the higher time frame. In this case, the daily time frame is looking like BUY bias. So, the best is to wait for the shorter time frame until it present a BUY opportunity. Patience is a virtue in Forex and not many traders possess it.

Meanwhile, will be careful with any GBP pair as Brexit article 50 triggering looms