morerach

GBPUSD LONG IDEA

Long
morerach Updated   
FX:GBPUSD   British Pound / U.S. Dollar
GBPUSD Currently at a zone of strong support. Previous weekly candle closed strong bullish engulfing, meaning that bulls have taken over the market. Price could retest broken bearish trend line on the Daily TF and respect the bullish trend line on H4. Current zone is also the 61.8 PRZ level on H4 as well. Waiting for bullish confirmation.
Order cancelled:
No Price Action Signal, trade becomes invalid.
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