At the moment, I don't see that from this level a drop, I look a bullish setup, so, as I was in long position in $1.1520 USD and hit my Stop Loss in $1.1475 USD where I loss 5.03%. But now, we can to see a long position from this level of bought zone. But the movement in this morning it's supposed to continue bullish, but was manipulated. Now, we see a double pull back formation in this zone what we could to find up bought.

תמונת-בזק

Now, talking about H4 timeframe, the price still bullish and following the RSI bullish divergence formed.

So guys, I put a new buy order limit in $1.1490 USD, Stop Loss in $1.1436 USD and take profit to $1.1610 USD.

Good luck!!!
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Beyond Technical AnalysisbullishsetupChart PatternsForexGBPUSDTrend Analysistrendanalysisexplained

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