forexinsider

Bullish bias

做多
FX:GBPUSD   英镑/美元
For some time now the GBPUSD has a long bias and seeing a breakout from 1,29 levels last week, going into this week we are looking forward to a continuous bullish movement, however as the week commence im expecting a pull back into levels (zone) 1.2957 & 1.30020. we have seen a breakout and now waiting for a retest of the previously broken structure and with that being said and done, we will wait for continuous price action patterns and in so far as we are concerned we will seek for double bottom patterns or a clear rejection pattern before we engage .
market plays out in our favor we are looking at profit targets in the zone of 1.32432 & 1.33318
However im not looking for sells this week unless the markets pushes up to 1.33 levels and plays a good reversal price action

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