Search
Products
Community
Markets
News
Brokers
More
EN
Get started
Community
/
Ideas
/
USDGBP POTENTIAL LONG MOVE @~0.6645
U.S. Dollar / Pound Sterling
Long
USDGBP POTENTIAL LONG MOVE @~0.6645
By selfrighteousgambler
Follow
Follow
Mar 15, 2015
2
Mar 15, 2015
The US Dollar has rallied strongly against the Sterling in March.
There is a sense that the dollar is over-stretched and might see a correction.
This is a longer-term trade and supposing this pair falls away in price from the current high, a possible area to buy is the demand zone @~0.66450.
Any move from here may see a bullish extension to ~0.70000.
Potential stop loss @~0.66000
Reward: 7XRisk
cable
Demand Zone
dollar
dollarpound
GBP (British Pound)
pound
Supply and Demand
Supply Zone
USD
USDGBP
selfrighteousgambler
Follow
Also on:
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the
Terms of Use
.