Since price broke Daily High(1.22917), waiting to see a retest at 1.23144. With Bearish Confirmation at that Resistance, the market will be Selling of from that level(80-100pips possible).
Waiting for price to Pullback and Retest the Daily LOW. With strong Wick Rejections and Bearish confirmation, i'll go short. Otherwise price will Break Higher to the Broken SUPPORT (1828.8, inside the block ), and we wait for SELL Confirmations(Double Top)
Waiting to see price fill the 4hrs gap below and set in for a buy. The green box above is a possible continuation of the move as confirmed by from "Fib Extension"
Possible movement for Gbpusd is bullish, at least for the next 2-3 months.
Price will most likely break the block below to fail at the resistance above, make some pullbacks down and then continue the bull run.
Price is to fill the gap below, breaking lower to/into the OB before the bullish run will continue.
Stops are best below or around discount price range of the OB and TP somewhere around tqhe present daily high.
