🔸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.
🎁Please hit the like button and 🎁Leave a comment to support our team!
RISK DISCLAIMER: Trading Futures , Forex, CFDs and Stocks involves a risk of loss. Please consider carefully if such trading is appropriate for you. Past performance is not indicative of future results. Always limit your leverage and use tight stop loss.