FX:GBPUSD   British Pound / U.S. Dollar
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Monthly: July was a hammer candlestick which wicked the weekly supply of 1.367 but then closed above weekly res of 1.38

Weekly: Price formed a morning star after touching the 1.367 level. Price also had formed a strong hammer candlestick followed by a bullish engulfing which " engulfed" 5 weeks of prior price action.

Daily: EMAS crossed over after 1.5 Months and price took out previous swing highs. Price also broke out of the descending triangle with strong bullish momentum following FOMC.

i am long on this instrument but i am currently looking for the 1.39 level to hold as a minor support before getting in for the upside

Comment: First upside target is 1.399 after that 1.41

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