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fxtraderkristina

📌 Potential BUY setup for: GBP/USD

Long
British Pound / U.S. Dollar (FX:GBPUSD)  
fxtraderkristina  
FX:GBPUSD   British Pound / U.S. Dollar
Trend Analysis Chart Patterns Fundamental Analysis GBPUSD gbpusdlong swingtrading
1
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trendanalysis chartpattern fundamental gbpusd gbpusdlong swingtrading
👩🏽‍💻Technical: On the weekly, the price is trending above MA's and has successfully broken above a previous resistance level at 1.22028, and on the 4-hour, the price is aiming to close into a new high.

🎯 For an ideal entry: I would suggest waiting for a candlestick closure, ideally the bullish engulfing one, and potentially aiming for a profit target of 1.22690, if broken daily resistance.
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