GBPUSD: Bullish and looking for longs

Written by Raul Lopez on . Posted in Trades & Analysis

Yesterday the GBPUSD was trading at an important long term level, but a few hours agothe pound broke through the short term resistance level triggering a bullish market condition:

GBPUSD

GBPUSD

And there are plenty of pips before we hit the next LT resistance level, so I’ll be monitoring this one.

My Plan:

As long as the GBPUSD trades above 1.6300 I will be looking for long trades opportunities.

All short opportunities will be ignored

Trade Safe!
Raul Lopez

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Raul Lopez

I've been trading the forex market for more than 11 years. All my trades are based on price action. Check out my Forex Coaching program, I can help you develop a system that helps you trade consistently.
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Raul Lopez Forex

Trading should be simple

I like to trade using simple tools such as support and resistance levels, candlesticks, price action and others. If you like simplicity, you'll love my Forex Coaching. Read more about me.

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