GBPUSD Potential Triple Bottom, Long Position.

GBPUSD is dropping to potential support zone. We can identify two previous supportive bottoms after the Brexit from the chart. I don't mind open a small long position now around 1.29839. Watch close to the price action and stop loss is below prior low. The first price target is around 1.33204.

Commentaire:

And it's in the oversold zone so aggressive trader could bet for a bounce back. Trade with close stop order since it's still in bearish trend.