swifty0906

GBPUSD LONG s/r

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FX:GBPUSD   ポンド/米ドル
Nice level of support, opening session today may determine where this pushes, limited fundamental news right now, 500 pip long if price action is correct. It may long up to 1.29, then consolidate then if buyers come through strong then an easy 500 pip move, more GBP strength could see it push high. On the weekly the 500 pip target is a zone thats been hit during 2 periods, so this will be a triple top which will be likely to cause more movement, chances are it'll push up further and form a consistent uptrend towards last years high.
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