purepips

GBPUSD - Week of May 14th, 2017

Long
OANDA:GBPUSD   Livre sterling / Dollar américain
2
GU closed on 5-12-17 on a doji and has been consolidating for about a week or so. No controlling candle spotted so no rush to get in. Overall trend is up and price just retested support, double tapped and appears to be headed to the upside. This looks really good right now and could go in on H1 to find an entry, but I will hold off a bit because (1) market just opened and (2) I want to see more buyers. I'm watching your back GU!
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