CHI87

Ready to buy GBPUSD again

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OANDA:GBPUSD   Libra Esterlina/Dólar Americano
For the coming week, I will be going long on GBPUSD till price gets around 1.42 or daily chart stochastic crosses downward again. My first target will be at 1.40, if price continue from there before daily stochastic crosses downward, it becomes 1.42. 1.40 is my daily chart upper bollinger band while 1.42 is weekly chart upper bollinger band. Price has tested level 1.37 which is acting as support for me and it happens to be my weekly lower bollinger band level and monthly chart middle bollinger band level making it to look like a strong support level for 1.40 to 1.42 momentum.

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