FX:GBPUSD British Pound/U.S. Dollar
Price broke downtrend, but still trapped in a trading range (top red and bottom green). Right now is a good entry for long if you wish to enter before news this week. Target is red box, if break then may buy again. (:
Comment: Nice shoot up!
Comment: Price failed to sustain levels above red downtrend line. At current price, yesterday's daily candle shows a hammer. I have opened few longs with stops around 1.287
Comment: Locking some of profits at TR target marked