Do you think it’s a good time to look for longs in the GBPUSD?

Hope you all had a great weekend!

Are you currently monitoring the GBPUSD?

I am, I really think it’s good time to start looking for long opportunities, and this chart agrees with me:

It has been rejected from the bottom of the range, and looks like it will continue its way up until it reaches at least, its next LT resistance level.

Now, on the short term charts, as long as it trades above 1.5428 I’ll be looking for long opportunities.

Let me know what you think.

Raul Lopez


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Raul Lopez

I've been trading the markets for more than 12 years. All my trades are based on price action. Check out my Coaching program, I can help you develop a system that helps you trade with better results.