GBPUSD Chart 3

GBPUSD - Looking For Potential Long Entry

GBPUSD - Looking for potential long entry by DanV on TradingView.com

27 May 2013

Updates and comments

Of the April low it seems GBPUSD have moved up in abc configuration and formed intermediate top around 1.56. Since it has retraced in abc move down which could bottom around 1.5. If so then it has the potential to surpass the last high at 1.56. The anticipated move up in GBPUSD could also fit in well with my view on DXY. See published chart for details, here is the link.

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