GBPUSD | Live position review | Follow-up detailsWe were unable to make some money yesterday as our bearish set-up was disregarded later on in the day as stated in the comment section (see link below for reference purposes).
Now, we have been witnessing a consolidation phase since the beginning of the month which appears to be transposed into a reversal structure clearly seen in the 4H time frame.
With the appearance of a bullish engulfing candle springing out of the structure during the course of yesterday's trading session; a bullish momentum might be unfolding before our eyes with the intention of inciting a retracement wave of the bearish impulse leg identified on the 4H time frame.
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