GBPUSD: False Break Prompts Bullish Momentum
Updated
Currently, GBPUSD has exhibited a false break of structure, commonly known as Turtle Soup, suggesting a potential bullish draw towards the daily Fair Value Gap (FVG). Price has retested an m15 bullish order block, indicating a possible bullish continuation.
Alternatively, price may reach the H1 Order block, where a confirmation entry can be sought for a buy opportunity.
Please note that I will be closing my trade at 12 PM NY Time as I cease trading for the day.
Kind Regards,
The_Architect
Alternatively, price may reach the H1 Order block, where a confirmation entry can be sought for a buy opportunity.
Please note that I will be closing my trade at 12 PM NY Time as I cease trading for the day.
Kind Regards,
The_Architect
Trade closed: stop reached
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