GBP/USD 4H Breakout? Long

British Pound / U.S. DollarFOREX.com

Description

⋅ Jun 5, 2020 12:13 PM

Here we have the GBPUSD 4h chart which in my eyes could be a bullish breakout. We have valid retests of this major resistance line and a clear breakthrough. What do you think?

Comments

umairkhlil

⋅ Jun 6, 2020 9:58 PM

To me it looks more a short! The candlestick just closed under 200 MA

hosein199233333

⋅ Jun 5, 2020 1:57 PM

I am waiting for the wave4 formation

h1fx

⋅ Jun 5, 2020 12:21 PM

Retest the resistance today and long from next week

HazzaTrades

⋅ Jun 5, 2020 12:22 PM

@h1fx, Good stuff man! I agree