GBPUSD – Flat
GBPUSD is currently trading with an increasing bullish momentum, price retraced twice at a support zone (1.3786-1.3738),currently it is rallying above it and I expect a correction of it to the zone (1.3786-1.3738) and a possible rejection of it at the Zone to re buy GBPUSD with my take profit at 1.4363 and stop loss around 1.3592.In case there’s a clear breakout of price below the (1.3786-1.3738) with a big red candle,wait for a retracement to the broken zone before you enter short positions with your target around 1.3304 or even lower to 1.3058 if 1.3304 is breached.
Wait for a correction to (1.3786-1.3738) then re buy GBPUSD with your take profit at 1.4363 and stop loss around 1.3592.
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