The bullish engulfing and a higher high. Long

British Pound/U.S. DollarFXCM

Description

⋅ Aug 18, 2015 9:44 PM

The prices spooked and created a higher high with a bullish engulfing candle. This is a strong trend continuation signal. GBPUSD has been in a slow uptrend. I believe that trend will continue from here.