ProjectSyndicate

gbpusd h1 best level to buy/hold tp 2750

Long
FX:GBPUSD   British Pound / U.S. Dollar
🔸speculative buy/hold setup for GBPUSD bulls, compression in progress right now.
Recently rejection from overhead resistance at 2565, right now pullback in progress,
but this is another buying opportunity.

🔸Strong price chart, sequence of higher lows at 2360, 2400, and final higher low
projected at 2465, which is a strong reload bulls.

🔸Recommended strategy bulls: seek to buy/hold near 2465 using tight SL, expecting
further gains in GBPUSD over next 2-4 weeks, so focus on buying into pullback.
SL 60 pips, TP1 2650 TP2 2750, swing trade setup, patience required.

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