Long

GBPUSD Bullish Price Action From the Bottom

Updated

Hello traders:

GBPUSD is currently in the descending channel on the lower time frame,
as while as in the larger descending structure on the higher time frame.

These are good bullish reversal price action that we are familiar with.

We can see there is some bullish move developing on the lower time frame already.
Be on the look out for bullish continuation pattern/structure development and look for buy entries from the bottoms

thank you

Note

Higher Time Frame:

Note

To confirm the buy setups
price needs to impulse out of the
current consolidation, and form
bullish continuation before placing entry

Note

jojofang0901

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