Please Note: Blog posts are not selected, edited or screened by Seeking Alpha editors.

GBP/USD Could Be Setting Up For Long Position

By Mike Ber

The following is from . Their recently launched service has been profitable every month since inception. Here are their trading results.

We're seeing an opportunity in the GBPUSD for a potential short term long trade as this pair attempts to find a bottom after struggling for so many years since the 08' collapse. The 1.47624 appears to be strong support and Friday's strength could be an opportunity for us to try a tester position and see if it can develop into something bigger.

We're watching the 1.52425 - 1. 52088 as a buy level and will sending out an alert to subscribers when it gets down there if we like the action in how it pulls back.

Contact Mike Ber at to learn more about his service.

Related Posts:

Japanese Pairs Update: BOJ Meeting in Focus

Special Update on EUR/USD

Weekly Forex Recap Of Major Pairs Covered