GBP.USD - Long Breakout Opportunity

29. Jan. 2017

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 :-)

29. Jan. 2017

Anmerkung

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

29. Jan. 2017

Anmerkung

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

30. Jan. 2017

Anmerkung

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

30. Jan. 2017

Anmerkung

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

30. Jan. 2017

Anmerkung

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

31. Jan. 2017

Anmerkung

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

2. Feb. 2017

Anmerkung

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