FX:GBPUSD   British Pound / U.S. Dollar
GBPUSD short-term long idea. All that is needed right now, however, is a 1hr bullish signal. Usually the middle of the body of an engulfing candle (~1.21340 in this case with the bullish engulfing candle) is an s/r level and after a signal confirming the respecting of this one (retest on 1hr then upward movement), we will probably continue upwards to the next resistance level .

Long-term this is probably still trending downwards though.

Thanks & good luck!
Comment: Target hit!
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