Akil_Stokes

GBPUSD - 4 Hour - Potential Trend Continuation Setup

Long
FX:GBPUSD   British Pound / U.S. Dollar
I've been screaming GBPUSD to 1.34's for a while now & although we've been consistently moving in that direction we've put in our fair amount of ebbs & flows. Currently we have reached another "Decision Point" in the market which I define as a level of structure that will allow us to make a clear prediction of future price action depending on the result being a hold or a break of. IF we are able to violate this current level of structure resistance THEN I would predict that we are likely to continue higher to the 1.34 level.

My personal way of getting involved in a type of trade like this is to wait for a pullback & look to involve myself in the next extension higher.

If you have any questions or comments feel free to leave them below & I'll gladly answer them for you. Also I'm always for other traders sharing their ideas as well as the more views we have the better it is for educational purposes.

Your Trading Coach - Akil

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