KajuFusion

GBPUSD Bullish but price too high, sto overbought

Long
FX:GBPUSD   British Pound / U.S. Dollar
GBPUSD
1DTF

Observation:
Bull, Higher High Higher Low
Rainbow Bull
Top Tweezer
STO Overbought @86.47
USD Inflation

GBPUSD broke weekly resistance zone on 7th Jan and testing current resistance zone 1.36821-1.37572

Using our system, currently not ideal to enter as the price is too high. Awaiting retracement to enter our trade.

Trade Idea
Buy @1.34971-1.36042
TP1: 1.37042
TP2: Let profit run
SL: 1.33971


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