linofx1

GBPUSD: Waiting For Breakout!

Long
FX:GBPUSD   British Pound / U.S. Dollar
The GBPUSD ended the previous week by testing a resistance cluster formed by a horizontal structure.

Due to the strong bullish trend, there is a high likelihood that the market will break through this resistance.

I will be looking for a confirmation of a bullish continuation with a 4-hour candle closing above the marked blue area.

If this happens, the market could potentially see significant gains.

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