GBPUSD LONG OPPORTUNITY (JUNE)
I believe there is signs of reversal and I think there will be a pullback to the 61.8% retracement, this will create a new higher low and then should push on to profit within the next day or two.
I have drawn a trend line which I believe the pair will stick to and not break, If we break this line then it will be a huge sign that the market would carry to fall maybe onto the 1.32 support line.
To enter this trade I would like to see a strong support from the trend/61.8% line.
As soon as we see this, maybe with a candlestick formation to go in confluence, then I would enter the trade.
I have drawn a trend line which I believe the pair will stick to and not break, If we break this line then it will be a huge sign that the market would carry to fall maybe onto the 1.32 support line.
To enter this trade I would like to see a strong support from the trend/61.8% line.
As soon as we see this, maybe with a candlestick formation to go in confluence, then I would enter the trade.
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