GBPUSD is still very bullish.

GBPUSD is potentially creating rejection and reverse to continue its bullish movement. Therefore, I am not suggesting you try doing counter trading by opening selling/short position.

I am seeing GBPUSD might have short term pullback to 1.236-1.237 with target price 1.263 and stop loss at 1.226
After slow 2nd half of the week due to many holidays, we should expect some more meaningful movement next week.


Happy profit!

Trade active:

If you followed the buy area, GBPUSD hit the buy area and on track to our target price.

Happy profit!

Good luck!

Trade closed manually:

GBPUSD is in its resistance area.
Happy profit!