British Pound / U.S. Dollar
Long
Updated

GBP/USD Long-Term BUY

GU has made its way into the Weekly Supply sitting @1.2250
Currently, we are in a correction phase coming from a 'Bullish' impulse.

GU starting to lose its momentum and it is showing potential sings for a major long back to 1.3 zone
Note
Up 100 pips before it started retracing, looking forward to see what happens from here!
Trade active
Currently in correction structure, looks like an expanding structure this may lead to a expand up soon!
Trade closed: target reached
Price started to trend down this week, we are getting out of this trade to secure profits.
I will be looking for potential setup on re-entry!

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