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UnknownUnicorn4015488

GBPUSD LONG on the 1h and 4h key levels coming into play

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Pound Inggris / Dollar AS (FX:GBPUSD)  
UnknownUnicorn4015488  
FX:GBPUSD   Pound Inggris / Dollar AS
Trend Analysis Fibonacci Trend Lines
5
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trendanalysis fibonacci trendline
GBPUSD just bounced off of a major daily trendline. It had great bullish momentum for about 8 hours but has gone into a 4 hour retracement. I predict the price is most likely going to bounce off of the 50 fib level (GOLDEN LEVEL) and go bullish again. As always I am waiting for candlestick confirmation and closure on the 1h before I enter the trade.

Best of Luck

Wallstdropout
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