British Pound / U.S. Dollar
Long
Updated

GBPUSD H4 LONG PRICE ACTION FORECAST

71
With the price action trading within an uptrend channel and harnessing the latest weakness on the USD, it allows an uptrend continuation with the British pound.

A buy-limit entry, expecting a correction after the double top and hopefully testing 61.8 FIB level for further strong bullish momentum to the previous resistance level.

S/L: 58 pip & R:R | 1:2.5
Trade active
Closed half the position in profit, moved S/L to BE. Risk free rolling now
Trade closed: target reached
Nice trade

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