GBP.USD - Long Breakout Opportunity

٢٩ يناير ٢٠١٧

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 :-)

٢٩ يناير ٢٠١٧

ملاحظة

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

٢٩ يناير ٢٠١٧

ملاحظة

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

٣٠ يناير ٢٠١٧

ملاحظة

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

٣٠ يناير ٢٠١٧

ملاحظة

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

٣٠ يناير ٢٠١٧

ملاحظة

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

٣١ يناير ٢٠١٧

ملاحظة

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

٢ فبراير ٢٠١٧

ملاحظة

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