GBP/USD is giving the indication for a new position
Free Forex Signal :-
Last few days GBP/USD movement is not enough for taking the position. Now current price is above the weekly pivot point even the daily pivot point. There could be a good signal for a long position. RSI above the 50 level, S-RoC, and the IMI are giving us the indication for long even the MACD.
Another hand we can see the 200 Moving average (MA) and 50 Moving average (MA) below the current price. A total of confirmation is giving us for a new position. For your position, your support could be a Fibo level which is 1.2770. But you must alert for Next election of UK which will be held June 8, 2017.
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