Monday, December 22, 2014

GBPUSD - Trading Signal - December 22nd 2014


GBPUSD sold off into its support level and I took a long position. I will continue to look for long positions in this currency pair as I  think we could see a rebound over the next few trading sessions. I will enter more long positions every 100 pips lower from here until we reach 1.5110. I expect traders will seek good long entry opportunities in this currency pair and should have more than one entry in this trade in order to reduce risk.

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