Breaking out of daily diagonal. Seems to have found bottom of recent slide.
PLAN: Long with SL at recent low. Aim for retracement to 1st or 2nd Fibonacci level.
From recent news it seems that UK and US will commence raising interest rates in the near future. News in either country will cause some rallying.
GBP/USD has fallen quite significantly over the past few months and seems to be reaching a temporary bottom. Retracing seems imminent. Once prices move above the diagonal trend line it is likely to find the level of...
