akshatkothari

GU Bullish momentum continuation

Long
FX:GBPUSD   British Pound / U.S. Dollar
Bullish momentum on the H4 shows that a large bullish candle has closed above the 14 and 50 EMAs. Expecting a continuation of this bullish momentum within the coming week after possible retracing and hitting that 1.40265 price point area or the 14EMA. The minor support around 1.407 will be a signal on whether price continues moving upward from this point or breaks that level to retest EMA.
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