GBP/USD | Potential Upward Movement 🚀

19 במאי 2021

Technical Analysis:

The price is trading inside an expanding wedge where we can see that the price posted a correction count. Now the price is trading near the 50% Fibonacci retracement, and we have a big engulfing candlestick signaling the end of the correction and time to rally again.
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Trade Idea:

Buy Market Order @ 1.4173

Take Profit @ 1.4243

Stop Loss @ 1.4140

Trade Safely 🙂