Hello traders welcome to another exciting day of Forex trading. We had a good day as far as price action went. Today we have some good looking charts. Please remember it is Friday and profit taking. We have data today NY session should be interesting. So let us take a look at the GBPUSD- This is the 30 minute chart.This pair continues to be now be in a bullish range on the daily. Today we are looking for a Fibonacci pullback to the 61.8 level where we can look for a bullish candle for our buy entry. I am looking at price level 1.5667 for the entry. We are looking to take profit at resistance at the resistance levels at price 1.5704. Thank You Traders !!!!! William
Enjoy your weekend break.