okoukonicharles

GBPUSD Long Trade Setup

Long
FX:GBPUSD   British Pound / U.S. Dollar
A #long trade opportunity recently presented itself on the #pounddollar (#GBPUSD) #trading chart 📈.

This is indicated by the #bullish harami candlestick 🕯️ pattern just above the 1.23631 horizontal resistance level (turned support).

This indicates a BPC, with potential price move in the upward ⬆️ 👆 direction (#buy).

Sufficient upward momentum should see price rallying towards the 1.31000 psychological level and possibly testing the strength of the 1.31420 horizontal resistance level.

As always, please apply appropriate risk management.

Happy trading!

#majorpair
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