Kumowizard

GBP before UK GDP - Buy if...

Long
FX:EURGBP   Euro / Livre Sterling
7
If they have a sht GDP... which translates into technicals:

Daily:
- Ichimoku is bearish, supports and possible retracement area in case of further correction is 0,7150-0,7200
- Heikin Ashi shows some hesitation. One bigger and two small doji-like candles. haDelta however points up and Oscillator is bullish too. Technically there is some chance this correction can extend towards Kijun Sen

4H:
- Ichimoku is neutral: price is in the Kumo and trades at Kijun,100 WMA (at short term equilibrium)
- Heikin Ashi is improving bullish
- EWO is neutral

Simply enter long if you see a 4H Kumo breakout confirming daily counter trend continuation.
Setup a stop buy at 0,7050 with initial SL at 0,6995 tgt 0,7150+. In case of entry triggered, u can trail your stop higher as price moves up.

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