GBP/USD | Potential Upward Movement 🚀

102
Technical Analysis:

The price is trading inside an expanding wedge where we can see that the price posted a correction count. Now the price is trading near the 50% Fibonacci retracement, and we have a big engulfing candlestick signaling the end of the correction and time to rally again.
-------------------------------------------------------------------------------------
Trade Idea:

Buy Market Order @ 1.4173

Take Profit @ 1.4243

Stop Loss @ 1.4140

Trade Safely 🙂

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.