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GBPUSD - Weekly Analysis - H1 - Bullish Continuation Trend

Long
British Pound / U.S. Dollar (OANDA:GBPUSD)  
Sami_Derti  
OANDA:GBPUSD   British Pound / U.S. Dollar
Trend Analysis Chart Patterns Wave Analysis GBPUSD Forex forexsignals intraday weeklyanalysis
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GBPUSD - Weekly Analysis - H1 - Bullish Continuation Trend


We have a bullish Trend on the H4 & H1 chart and price have made a bullish breakout above 1.2600.
Until this level is not broken we will be looking for long entries until we have a solid Bearish reverse signal.

To consider entering long, only when we have a bullish breakout above the 0.236 Fibonacci Level
and price makes a pullback and this level hold as Support then we can enter Long.


Our First target will be the 0.786 Fibonacci Extension Level and Second target the 1.272 Fiboacci Extension Level.


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Entry: 1.2687 | Stoploss: 1.2662 | Takeprofit1: 1.2747 | Takeprofit2: 1.2800 |

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Disclaimer: All information and ideas provided is for educational purposes only. It is not a recommendation to buy or sell.
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