Using the center of gravity we see that GBP/USD is oversold on the weekly and that we have a signal for going long because of the fact that we are oversold and are still in an uptrend. Besides that we bounced off the trend line formed in Q1 of 2017.
This is my trade setup:
Entry, daily closing above: 1.333
SL: 1.332
TP1: 1.35709
TP2: 1.39326
TP3: 1.42533

Looking at the daily we see we are overbought and that we actually have a signal to sell but the weekly is more important so keep going …
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