GBPUSD LONGS - WHAT IS YOUR TAKE?
CLEAR UPTREND FOR A LOONG, LONG TIME.
IT LOOKS LIKE AN OBVIOUS HEAD AND SHOULDS, BUT WAIT! I DON'T THINK IT IS TIME TO DROP YET!!
I'M LONG ON GBPUSD FOR THE SHORT / MEDIUM TERM.
WHAT DO YOU THINK?
LET ME KNOW.
THANKS,
IT LOOKS LIKE AN OBVIOUS HEAD AND SHOULDS, BUT WAIT! I DON'T THINK IT IS TIME TO DROP YET!!
I'M LONG ON GBPUSD FOR THE SHORT / MEDIUM TERM.
WHAT DO YOU THINK?
LET ME KNOW.
THANKS,
L.G
Price is moving according to the analysis, however is getting to a strong resistance at 1.39500
Next few candles will dictate whether price will go up or down. Pay attention to breakouts!!
My bias is that price is likely to go down from 1.39500 as there is some momentum in USD going up.
Let's see!
Hope you have a profitable day