long1996

GU Analysis - Long

Long
long1996 Updated   
FX:GBPUSD   British Pound / U.S. Dollar
Daily: The pair is currently in a short-term uptrend. The pair has respected the uptrend as it printed a hammer on the trend line. This signify that the corrective rally would continue as it target the upside at 1.35 & 1.355. Look for favorable entry on H4.
H4: The pair has printed a strong bullish candlestick as it closed above psychological level 1.34. This indicates that there would be more bullish momentum left. Wait for a more favorable entry.
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