GBPUSD Long Bias. Waiting for a Pullback for Long Entry.
Hey Guys!
The Bias for the GBP/USD on the Weekly chart (Medium Term Bias) is long. In other words, price is likely to reach 1.3833 before reaching 1.3163
I am willing to take a long entry if price pulls back to 1.3313 and perhaps even further with the stop loss at 1.3163 and the main target at 1.3833
As always, this is assuming the lower time frame price action retains its confirmation of long strength.
Have a great day guys!
Ken
Disclaimer: This is not Personal Financial Advice.
The Bias for the GBP/USD on the Weekly chart (Medium Term Bias) is long. In other words, price is likely to reach 1.3833 before reaching 1.3163
I am willing to take a long entry if price pulls back to 1.3313 and perhaps even further with the stop loss at 1.3163 and the main target at 1.3833
As always, this is assuming the lower time frame price action retains its confirmation of long strength.
Have a great day guys!
Ken
Disclaimer: This is not Personal Financial Advice.
Forex Trader/Forex Trading Education/Weekly Forex Forecasts and Midweek Forex Analysis