GBPUSD is correcting after that big move down and here on the 1H chart, we can see a impulse and now its in correction from that small impulse.If this turns out to be a triangle wait for break to the upside and buy.It would be a great risk to reward ratio.If this isnt a triangle that means that we'll have to break 1.2130 first to complete the C wave before any upside so be careful on that too.I'll be waiting for the breakout and a small correction on lower timeframes to enter long with targets above 1.2450.Trade your plan
Comment:
Trade active:
Another entry opportunity if you missed the first one:
Buy the breakout according to your plan/strategy