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GBPUSD Long short lonnnnngCheck it... ? current idea I am looking into, I have also taken a long up to the 1.395 area.. could have maybe taken it further but with around a 40 pip SL i'm fairly happy with this set up. looking again to short at that 1.395 area with a take around this level will post again later on to update. Then we go long looking for around 1.44/45 area. As you can see we have an ABCDE formation coming in (maybe) which will give us plenty of room either side of the market. the key here is to be unbias, patient and ready to take action.. If you look at this analysis on the daily chart you shall see my prediction for #bullish pound, a fifth extension updward.. (hopefully) I watch the month week daily and place on either the 8/4/1hr charts. I write this after a few beers and a bottle of wine (an awful lot of Greek food).. the analysis was done before that so apologies for the state of this... hope you enjoy and Firm handshakes. HAPPY TRADING. >:-) I am not a financial advisor or anything like that but i do take money from the market....
Long
by RGFX_