TheSignalyst

GBPUSD - Wait For The Trigger!

Long
FX:GBPUSD   British Pound / U.S. Dollar
Hello everyone, if you like the idea, do not forget to support with a like and follow.

GBPUSD is sitting around strong support in green so we will be looking for buy setups.

on H1: GBPUSD formed a trendline in red. But it is not ready to go yet. Before we buy, we want the buyers to prove control again.

Trigger => Waiting for a momentum candle close above the last high in gray to buy.

Meanwhile, until the buy is activated, GBPUSD would be overall bearish can still trade lower till the lower.

Good luck!

All Strategies Are Good; If Managed Properly!
~Rich

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