GBPUSD: Long trades in play
It’s been a slow Monday hasn’t it? Many currency pairs are trading at an important level and we need to wait for the market to break the short term range before looking for trade opportunities.
The GBPUSD is one of the exceptions, the Pound is trading already in a bullish market condition:
As long as the GBPUSD keeps trading above 1.4432 I will be looking for long opportunities.