GBPUSD - BUY THE DIP!

GBPUSD has had a great day today, it seems to be trending higher!

Price is currently retracing and is sitting at the 38.2% retracement and at the 200MA on 4HR (blue line).

This is a risk defining area!

Buy here and target recent highs with stops just 15pips below.

* * fundamentals * *
GBP
Flash Manufacturing PMI
Flash Services PMI

Trade with care guys!

-L