GBP/USD, LONG, DAY CHART (13-JAN-2017)

Note:
Now, GBP/USD is at the history low since 1994.

There is significant strong buying zone at 1.20300 level.
And the current USD strength is weaken.

Recently, there is a bullish pin bar to support the potential bullish movement as well.

We decided to long.

EP: 1.22057
SL: 1.20302
TP: 1.26834

İşlem kapandı: durdurma seviyesi:

Forex market open GBP pair 200 pips lower.
Unfortunately, our SL was hit.

We will see if the price manage to break the resistance level or not.