Trading opportunity 11:00 (GMT+1)

GBP/USD

On 4 hours chart we can see that the pair supported by a rising diagonal line.

Also, a bullish divergence is developing on the histogram of the MACD.

gbp.usd 4h 9.5.16

On an hour chart, we had a bullish candle that crossed up the 13 moving average, together with crossing the 50 level of the RSI.

gbp.usd 1h 9.5.16

All these signaling us of a trading entry possibility.

For Forex traders:
Buy between the levels of : 1.4440 – 1.4460.
Stop loss point :1.4400.
Take profit point : 1.4580.

For Binary options traders.
A call option between the levels of : 1.4440 – 1.4460.
Expiry time : May 9 at 20:00.

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