Potential Buy for GbpUsd ??

Updated
Reason to Buy

1) Downtrend-line has been broken
2) Very very very bullish engulfing candle


Two possible entries, whichever come first

1) from near-term support
2) 61.8% retracement

Stop loss below 78.6% (breakout candle)

Stay tuned!


Order cancelled
Pound did not retrace.
Trend Analysis

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