Price bounced off daily support as well as bullish trendline
Selling GU into 1.41000 area Technical Noticed that GU has been in a consolidation area on the 4H for quite some time and could go longer but I do see a retracement to 1.41000 area before continuing the uptrend. Using reverse charting on the right side fundamental DXY seems to be bouncing off major
GBPUSD long Market structure is in uptrend as we cn notice creation of Higher High (HH) and Higher Low (HL). Price also broke monthly support and retested it in the 1h chart. it might have created a double top at the end of previous week but still bullish volume> We haven't notice a Break of Structure (BOS) so far. TP 1.27592 SL 1.25855