See daily chart of GBPUSD below for the discussion that follows.
GBPUSD is making higher highs and higher lows…it’s trending up. It’s testing support (previous resistance) currently, so I’m looking to go long. I’d like to see price retrace just a little more….if this happens, I will look for bullish price action / candles as confirmation (as per my strategy) to go long.
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Thanks for reading.