Buy limit on GBPUSD just triggered at over 60% of previous week price action, still bullish in my view just a small pullback to take out buyers. Good entry for us, following short and longterm trend with a lot of confirmations, possible drop to 1.33 but were fine with a tight stop. Entry: 1.34820 Sl: 1.34000 Tp: 1.36000 Have a good one :)
as u can see in chart we've a divergence on the rsi, also this downtrend is not very real for me, so we are opening a long position with target at the 61,8% have a good day!
I predict a good chance of a reversal here. The correction has retraced 61.8% of the last impulse, which also converges with the upper daily trend. An hourly close above the green trendline invalidates this idea.