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LaBOSS_FX
Apr 25, 2022 2:28 PM

Possible buy breakout for pounds dollar Long

British Pound/U.S. DollarFXCM

Description

GBPUSD has made it's high and low of this week which is clearly mapped out above.
If you're with the 20EMA on your metatrarer 4, you'll observe that price has been bouncing off of it since London open today but according to the trendline, a breakout is already in the works and once that happens, go all in with proper money and risk management !.
Comments
odhiambopowell5
so the uptrend is about to kick off??
LaBOSS_FX
@odhiambopowell5
Yes, once there's a break of structure and enough volume, then the buy can proceed but until then, price will keep consolidating.
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