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MountOlympusFx

GBPUSD BUY: Weekly, Daily & 4hr Breakdown.

Long
British Pound / U.S. Dollar (FX:GBPUSD)  
MountOlympusFx Updated   
FX:GBPUSD   British Pound / U.S. Dollar
Trend Analysis Harmonic Patterns Chart Patterns GBPUSD Forex
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trendanalysis harmonicpatterns chartpattern gbpusd forex
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GBPUSD LONG THESIS
GBPUSD Weekly:
• After very bullish week there was a clear break of 1.3000 level.
• Moving averages are about cross bullish. Price still hasn’t made new high after breaking descending trendline.
GBPUSD Daily:
• The past 5 days were bullish, and Friday’s candle recently broke through 1.3170 level.
• Price also took out 2018 November highs. Still expect bullish movements.
• Moving averages are still bullish.

GBPUSD 4hr:
• New high was made at 1.3170 with a very bullish market.
• Price is now likely to pullback to 1.3120 + 0.62 Fibonacci Level before going Long to 1.3240.
Trade active:
Long abit early 1.31400
Trade closed manually:
-10pips
Trade active:
in again from 1.31400
Trade closed manually
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