GBPUSD H4 LONG PRICE ACTION FORECAST

With the price action trading within an uptrend channel and harnessing the latest weakness on the USD, it allows an uptrend continuation with the British pound.

A buy-limit entry, expecting a correction after the double top and hopefully testing 61.8 FIB level for further strong bullish momentum to the previous resistance level.

S/L: 58 pip & R:R | 1:2.5

Trade active:

Closed half the position in profit, moved S/L to BE. Risk free rolling now

Trade closed: target reached:

Nice trade