British Pound / U.S. Dollar
Long
Updated

GBP/USD Long

36
1M
Last Month price closed above 1.30000 monthly level. Will need to keep a good eye on this as last month a hanging man was formed also.

1W
EMA crossed to the upside. HH and HL being formed.

1D
Rejection on 61% fib level which formed an higher low. following by two bullish candles. EMA also pointing to the upside position.

4H
Counter trend line has been broken. followed shortly by a cross over of the EMA to the upside position.
Note
SL has been moved to break even.
Note
SL moved passed break even
Trade closed: target reached
Take Profit Reached

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