Envious_

GBPUSD long idea

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OANDA:GBPUSD   ポンド/米ドル
Idea from a beginner, price crossed 200MA moving average, it is nearing an overbought level, however on the daily time frame we can see a massive bullish momentum candle also 3 bullish closes indicating a possible bullish long run. I am expecting for price to retest before I enter this trade as it has broke the resistance level with no retests on the 1 hour, 4 hour and daily time frame. Long term this pair is going up, and when the price does fall it gives us a good opportunity for a buying entry. Stay patient and good luck!

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