Price has managed to close above 1.2670 , and remain above after BOE , which suggest currently price remain supported towards upside... We also have ascending trendline which may support LONG trades too .. for now we are waiting for daily close and watch if candle closes above 20 DMA ,
We will be buying this pair in cases GBPUSD manages to close above previous 4 hr candle , or near trendline , our bias remain bullish till Trendline is not breached, otherwise we will be selling GBPUSD towards 1.24 zone
We will be buying this pair in cases GBPUSD manages to close above previous 4 hr candle , or near trendline , our bias remain bullish till Trendline is not breached, otherwise we will be selling GBPUSD towards 1.24 zone