GBPUSD 1H - Almost touching a support

5 thg 4, 2016

As you can see, the price is going to touch a support in a 1 hour timeframe. This support may cause the price go up. We can see also that the RSI is almost in its oversold line, it shows that the supply is almost done and it has lost its strength.
My view here is totally clear, LONG wwith target at the next resistence.