jamison_fx

GBPUSD BUY ZONE HUGE UPSIDE!!

Long
FX:GBPUSD   Livre sterling / Dollar américain
Looking for rejection for a double bottom around the buy zone. After catching the nice short move to current support all profit was closed out and was expecting a move up to continue the down trend pattern or possible reversal, its always risky going against the overall trend but as I explained the other day once we see the initial push up, if prices fails to break past the low point the next time its usually a good indication the price is going to make another swing. I want to see some strength soon from GBP and a break in the USD bulls so I'm definitely interested in taking a position if we can see further rejection from this zone.

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