With rate cuts from the FED certain, we may start to see some continued USD weakness from last week. For this setup I am waiting for a little more sideways movement before looking at a possible FX:GBPUSD bullish
kumo breakout. I would also like to see the kumo twist complete to a future bullish
kumo to help confirm as well. Chikou span is in a good place and we've already had the bullish TK
cross so our other confirmations are already there. If we can get a good bullish
breakout entry I've drawn a longer term target as well as some partial take profit levels to aim for along the way. If we fail to get the breakout or hold bullishly, this setup may become invalidated.