VavioUniversity

GBP/USD to re-test previous high.

Long
OANDA:GBPUSD   British Pound / U.S. Dollar
Using the Heiken Ashi chart, there is further confluence to be found in judging the momentum of Bulls. Yesterday's breakout proved to show momentum in price, along with today's rejection of the attempted break of the upward support which has been tested repeatedly however, has held strong! Positive sentiment on the side of U.S jobless claims may impact momentum, therefore we look to exit soon before results are in.

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