GBPUSD potential break out setting up - Possible long setup
Updated
GBPUSD bounced quite sharply from 1.4077 support and right now it is stalling around the multi-sessions bearish trendline which is quite likely to be broken since momentum is quite strong.
Wait for the market to break the trendline and hold above in order to build long positions.
Trade Safe!
Good luck.
Wait for the market to break the trendline and hold above in order to build long positions.
Trade Safe!
Good luck.
Order cancelled
Market broke but didn't hold above the trend-line. So this setup is invalid now. Will update if it resets.
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