GBPPHP looking like a breakout

Hi guys,

The GBPPHP broke the daily downtrend. It is in a daily consolidation and could retest the lows before the big move up. Looks like if it breaks it could be a nice buy set up.

Thank you for your support.

Comment:

Candle looks like it will close to highs of the day, engulfing the previous days candle. If so I expect a nice open on Monday where it will go to the highs.

Comment:

Price tested the lows of the range, the price then rallied off of minor support so I am expecting that price will either go higher out of the lows of the range and go above the open to offer a buying opportunity or breaks the minor support level and break down to the lows.

Trade active:

Great upside shown, expecting the move to continue. Well done to everybody with their own trading strategy who were able to trade this move.