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GBPUSD 60 Minute Chart Analysis February 8th, 2017

Tuesday, February 7, 2017 22:49
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Screen Shot 2017-02-08 at 07.54.53

Hello traders good to be back with you. Today we are taking a look at the GBPUSD on a 60 minute chart. I looked at this chart and it is a great set up for the sell trade. We had a nice sell off and now we can see the price has pulled back to the 61.8 level. I am looking for a bearish candle formation and look to enter this trade at 140.54. I would like to see this come down to our take profit zone at the level of 139.10. Traders this is going to be a slow trade might be in this until U.S. session

Thank you traders and we will talk soon……



Source: http://fxinstructor.com/blog/gbpusd-60-minute-chart-analysis-february-8th-2017

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