📌 Potential BUY setup for: GBP/USD
👩🏽💻Technical: On the weekly, the price is trending above MA's and has successfully broken above a previous resistance level at 1.22028, and on the 4-hour, the price is aiming to close into a new high.
🎯 For an ideal entry: I would suggest waiting for a candlestick closure, ideally the bullish engulfing one, and potentially aiming for a profit target of 1.22690, if broken daily resistance.
🎯 For an ideal entry: I would suggest waiting for a candlestick closure, ideally the bullish engulfing one, and potentially aiming for a profit target of 1.22690, if broken daily resistance.