120 Pips profit booked on GBP/USD, more uptrend ahead?
Hello traders, yesterday before the start of the London session,
I published an idea on how GBP/USD could start an uptrend.
As you can see, price has moved more than 130 pips to the upside
since then.
📌In the hourly chart, you can see the formation of strong bullish
impulse candles. The three white soldiers pattern can also be observed.
📌Price has broken through the 100 hour exponential moving average
and continues to stay above it.
📌As long as the price continues to stay above the 100H EMA, there is a likelihood
of further uptrend. I recommend buying the dips in GBP/USD
I published an idea on how GBP/USD could start an uptrend.
As you can see, price has moved more than 130 pips to the upside
since then.
📌In the hourly chart, you can see the formation of strong bullish
impulse candles. The three white soldiers pattern can also be observed.
📌Price has broken through the 100 hour exponential moving average
and continues to stay above it.
📌As long as the price continues to stay above the 100H EMA, there is a likelihood
of further uptrend. I recommend buying the dips in GBP/USD
