GBP.USD - Long Breakout Opportunity

29 gen 2017

The GBP.USD is one currency pair on this evenings watchlist.
Once my entry criteria has been met we will set a pending order and await a clear break.

Have a great week :-)

29 gen 2017

Nota

Price gaped above the trendline, a pullback is expected before a push higher.

29 gen 2017

Nota

A quick pullback occurred on the lower TF's, potential long entry.

30 gen 2017

Nota

Although i am looking long in the short term, long term we also have a short opportunity.

30 gen 2017

Nota

Price has pulled back to a psychological level and previous shelf at 1.2500
I would advise looking for bullish RSI divergence.

30 gen 2017

Nota

Daily outlook on GBP pairs is short so confirmation will be needed prior to any long position.

31 gen 2017

Nota

This position is now closed.
We took this pair short prior to the London open for a quick 1%

2 feb 2017

Nota

Awaiting a clear break of 1.2700 of a pullback prior to any entry.