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Underlying:GBPUSD
Time frame:1D
GREAT! GBPUSD just entered our zone to buy! I will be taking a small buy position. I do expect price to hover around in the zone but want to get a small position now just in case it decides to reverse quicker than expected. Targets are a bit of a difficult one however I will update once it has begun to turn around :)
Although the MACD has crossed over recently it is trading well above that centre line and would need a large decline to get back under it, so this is not a concern as of yet.
Underlying:GBPUSD
Time frame:1D
GREAT! GBPUSD just entered our zone to buy! I will be taking a small buy position. I do expect price to hover around in the zone but want to get a small position now just in case it decides to reverse quicker than expected. Targets are a bit of a difficult one however I will update once it has begun to turn around :)
Although the MACD has crossed over recently it is trading well above that centre line and would need a large decline to get back under it, so this is not a concern as of yet.