GBPUSD

TF!

Hope you're well man.


In preparation, I did state this yesterday afternoon, but it looks good for light entry at this level (1.48245):

The ol' greenback continues to hammer everything in sight....

Cable trade? strong support at 1.48.

Long from there with a stop at 1.46900.

www.iii.co.uk/investment/detail?code=cot...lay=discussion&it=li

Good luck all!

Weekly chart.
uk.advfn.com/p.php?pid=chartscreenshotsh...=&symbol=FX%5EGBPUSD

Long here @ 1.4820. stop below 1.4790.

This bounced of the long term support line...

Regards,
Trendfriend

Being risk averse I am waiting for the close above the trend line. Nice heads up Remo.

Great trade
should be a free trade now



dl.dropboxusercontent.com/u/4899609/gbpusg6thfeb2015.png

keep an eye out for a 123 low breakout..
trendline is near by as well


dl.dropboxusercontent.com/u/4899609/gbpusd4thfeb2015.png

Possible 123 low formation??
This is one to watch over the next few days as a break out could send this to test main down trend which has been in play since july 2014 and a break of this could signal a possible change in trend.
So one to watch . Obviously you cant pre-empt the trade.Early signal would be the 123 low breakout and then place the stops below the 2 point.


dl.dropboxusercontent.com/u/4899609/gbpusd19thjan2015.png