GBPUSD: Setup for a breakout?
GBPUSD continues to form a sideways formation at the lows. We believe that a breakout of the formation is in the making.
We BUY some more at current levels(1.3330). We set our stops at 1.3298 and our targets open
We BUY some more at current levels(1.3330). We set our stops at 1.3298 and our targets open
Commentaire:
The 1.3360-70 area offers an opportunity to take partial profits as it is a strong resistance. We transfer our stops at BE or below today's swing low and we are waiting the breakout...