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GBPUSD Watch for strong breakout
British Pound / U.S. Dollar
Long
GBPUSD Watch for strong breakout
By Wave-Trader
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Updated
Oct 14, 2019
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Oct 14, 2019
Hi there,
GBPUSD is strong. It is forming very nice correction.
How you can trade on this high volatile currency for good return.
1. Watch for the breakout and look for buy and look for it to hit 1.30 or 1.32.
Or
2. Wait for the price to hit the bottom and then look for buy and look for 1.30 or 1.35
In case price breakdown the bottom sharply then it will invalidate the buy setups and will change the structure.
Good Luck
Oct 14, 2019
Note
Breaking looking nice. Watch for more upside.
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