FX:GBPUSD   British Pound / U.S. Dollar
Price broke its descending trendline to the upside, & broke the consolidation box to the upside last night. After price retested the broken trendline as new support & rejecting the 50 MA & all moving averages are sloping to the upside. Price made a strong bullish engulfing breakout of 1.40000 daily resistance. Now im waiting for a retest to support (higher low) for entry..

Trade with care! : )
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.