GBPUSD has been moving downward for days now and it broke through a major support and minor support level. It has finally stopped at a minor support level. Since there was no retest to confirm this move down we must return to major support to retest support now turned resistance. This is about a 60 pip bull run. The market is oversold and USD is weak. We will see a nice push up within the hour to next day.
Be prepared for a buy when you see it break the 50 ema on the 15 minute chart.
Be prepared for a buy when you see it break the 50 ema on the 15 minute chart.
Trade active:
Price broke the 50 ema as expected.
Price broke the 50 ema as expected.
Trade closed: target reached:
76 pips secured! I hope you guys caught this move.
Things are looking good for us