If we take a look at the situation that we have on GBP/USD we can see that the market has already started the continuation move to the upside and made the shift from a bearish market to a bullish market. If this market from a intraday perspective will stay above structure we could expect the pair to go up to around 1.42100 area. We are still at the beginning of the week so I will be monitoring the pair waiting for a valid entry reason before taking the entry. Do not just get in the market, always use a proven profitable strategy. Remember to always use risk management.
Trade active
Trade closed: target reached