Simply4ex

2 possible long setup for GBPUSD

Long
Simply4ex Updated   
FOREXCOM:GBPUSD   British Pound / U.S. Dollar
Scenario 1: Confirmed break and retest of 1.30 will target 1.34

Scenario 2: A pullback toward and test of previous support at 1.2770-50 region before the next leg up. This will also create an inverted H&S formation on daily and a stronger push upto 1.34 region and beyond.
Comment:
Still no direction. Awaiting a valid setup

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