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GBPUSD - Downside Caution Sees Dip Entry
British Pound / U.S. Dollar
Long
GBPUSD - Downside Caution Sees Dip Entry
By HuracanFX
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Jan 25
4
Cheer
Cheer
Jan 25
Overall bullish trend for Cable, which has presented a correction opportunity off the daily.
Moving lower implies an obtuse support to break, making it a tough call for further downside potential.
Longs of current
1.27200
allocates very poor risk to reward - this implies a better ratio off buying the impending dip toward
1.26700
.
Beyond Technical Analysis
cablesell
GBPUSD
gbpusd_forecast
gbpusdshort
Trend Analysis
HuracanFX
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