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Sphiwe23
Aug 16, 2021 1:58 AM

GBP/USD BULLISH OUTLOOK FOR THE WEEK Long

British Pound/U.S. DollarFXCM

Description

Price is currently inside a descending structure after a bullish impulsive move,looking for a buy entry on a break of LTF flag. Another confirmation is the formation of an inverse head and shoulder on HTF structure giving us more confluence to the upside.
Comments
Vmahwayi
The power of a 50 MA on a daily time frame makes me disagree with placing a buy
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