OraclePips

GU UPDATE: BULLISH REVERSAL SPOTTED

Long
FX:GBPUSD   British Pound / U.S. Dollar
Hello there, this is the GU update. If you recall that I told you that if in the daily timeframe the daily candle closes a bearish, then we could aim at selling the GU for the rest days of this week. But now, as I have discovered a new move in the GU market, I saw a strong bullish engulfing candle just formed now in the H1 timeframe. which shows that a reversal bullish reversal is coming. Now I think we can change our bias to bullishness now. This means we need to start looking for buying in the small timeframes. Switch now from a seller to a buyer.

Entry: Market; First TP:1.1535; Second TP: 1.1611; Stop Lose:1.1431

Happy trading!

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