GBPUSD Long trade Idea

Updated
GU has broken out of a corrective descending channel. This gives light to a possible bullish momentum build
up. We have 4 complete waves of the 5 wave breakout leg, this is more than enough information to plan to
enter the trend for the final wave.

Quite a simple but interesting setup, I hope you enjoy it.

Target:

1.26200
Trade closed: target reached
snapshot
Elliott WaveFibonacci

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