Hello traders, we are finally seeing some signs of a bullish reversal
in GBP/USD.
📌If you notice the daily chart, we have a couple of daily candles
with long wicks at the bottom which indicates buying pressure. Yesterday's
daily candle had a very strong bullish momentum
📌Currently, the price has pulled back toward the 1.22 level which might
actually be a good buying opportunity
📌My recommendation is to buy the dips in GBP/USD near 1.21 level
with 1.2450 as the initial TP.
in GBP/USD.
📌If you notice the daily chart, we have a couple of daily candles
with long wicks at the bottom which indicates buying pressure. Yesterday's
daily candle had a very strong bullish momentum
📌Currently, the price has pulled back toward the 1.22 level which might
actually be a good buying opportunity
📌My recommendation is to buy the dips in GBP/USD near 1.21 level
with 1.2450 as the initial TP.