GBPUSD 1.4523 Possible Long Area

2016年5月20日

The pound as we have seen rally this week making a high of 1.6625 after breaking the 1.4523 area. On thursday price started making its way back towards the break level 1.4523. If price manage to stall here and establish itself back above 1.4523, that is an opportunity to long the cable.
We will keep an eye on this area for a potential long entry.
Trade with care & have a great weekend.