Cable giving a sign of getting more expensive

Long

British Pound / U.S. Dollar (OANDA:GBPUSD)

Updated

OANDA:GBPUSD British Pound / U.S. Dollar

We managed to break free from 55 days long consolidation yesterday and today we saw a retracement to the LTF zone where price found support and bounced back up. H8 TF had a bullish engulfing candlestick pattern confirming buyers are in control.

Trade closed manually:

Closed both trades here at 1.25243. One for 0.93R and one for 2.06R

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