going long looking for rise unto resistance over the next 2 weeks
Going Long GBP USD today and staying in the position as long as the candle closes above resistance today.
It's retracing off the rally within the last few hours, but in the bigger picture we may have a possible triangle formation, which can play into a breakout. As long as the lines hold price action then we should see good opportunities for entry and exit.
Looks like a H&S pattern while hitting FIB resistance. Also the USD rallied hard last night. Bearish sentiment now sits on this pair.
Going short on GBP/USD for the next 4 hours...expecting a 50pip+ gain with low risk. Enjoy
Over the next 4-12 hours were going to see a drop in the GBP/AUD