GBPUSD idea

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GBPUSD is currently on third, strongest (78) fib PP.
Looking at last week trend line it might retest it.
Price is on the bottom of the price channel (15M) – short term bullish.
There were some bullish divergenaces and RSI is oversold.

I do expect some down movement, I will have tight SL and might adapt it upon seeing movement.
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DXY at supply level. Expecting USD to retrace which would benefit our position.
I'll be scailing in if it goes further down.

GL
Remember to use TP and SL!
Look at volume and watch for news - i personally try to avoid them.
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Good retesting of last pivot point and trend line.
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I think USD is weak today.
Still riding full position toward TP.
Trade chiuso: obiettivo raggiunto
Another TP reached.
Strong zone above. Will wait for another confirmation for new entry.
Hope you followed.
Chart PatternsTechnical IndicatorsTrend Analysis

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