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TheTradersAvenue
Apr 30, 2020 9:21 AM

GBPUSD > BULLISH SCENARIO! 

British Pound/U.S. DollarFXCM

Description

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Hey friends👋 Support this idea with like if it's helpful to you, leave me a comment below that will help me a lot 🙏.

Analysis of #GBPUSD
I was short this pair many times this month, and I saw big potential bearish head and shoulder on the daily chart, but how the price been acting lastly, we could see bullish momentum in this pair son, I still do not see a chance to go long, but if it closes above 1.2522, I will look to buy for a chance of testing 1.2600

Thanks for taking the time to read my idea please do not forget to hit the like it's my only reward🙌

Check today analysis below
Stay safe everyone
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Disclaimer: this information is not a recommendation to buy or sell. It is to be used for educational purposes only**
Comments
Emekadavid
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Yes, it's bullish at the moment. I could't enter because it was late when I saw it and my signal had past. I don't like chasing trades. Another one will come.
TheTradersAvenue
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@Emekadavid, true, there always another trade
TheTradersAvenue
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@Emekadavid, thanks for your comment
DanielLubbe
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My gut says it is going to drop because the 1.25 level is a huge resistance Keep well
TheTradersAvenue
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@DanielLubbe, it rallied 150 pips :)
TheTradersAvenue
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@DanielLubbe, Thanks for your comment
ProjectSyndicate
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looking good. thank you for the heads-up.
TheTradersAvenue
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@ProjectSyndicate, thanks for your comment
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