GBP USD is for short traders and experienced long traders

Ok, so GBP is only for those who have experience in trading. You could both long and short sell this stock and make money. For both though, your going to have to be patient. Let’s say your a long trader and are interested in this stock. You will only get the chance to buy and sell this stock effectively every few months if your a long term trader. (See chart for more information) For short term traders who buy when its low and sell when its high, it’s going to be hard and I personally don’t recommend it with this stock. Short traders are going to be happy with this stock, considering it is on a long downtrend. You should still only buy when the stock is in an “island” period (also see chart for more information) but it’s going to be a lot more easier since you really only have to buy and wait until you reach your goal. Really GBP is only for short traders and great long traders, not amateurs. See the link down below for my XLM idea if your interested, it’s actually a great opportunity for both short and long traders.