GBP.USD - Long Breakout Opportunity

Jan 29, 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 :-)

Jan 29, 2017

Note

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

Jan 29, 2017

Note

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

Jan 30, 2017

Note

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

Jan 30, 2017

Note

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

Jan 30, 2017

Note

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

Jan 31, 2017

Note

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

Feb 2, 2017

Note

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