GBPUSD

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Hi there fellow traders! GBPUSD is looking pretty bullish for me. After the strong impulse we had on the 1H chart, price is currently playing & correcting itself around the 1.28850 area (which also happens to be our Daily Support if you look at previous market structure). We may see GBPUSD rally again as a result of a breakout of our bullish flag. And looking at our Daily chart, the market made a similar move many days ago, so we might see history repeat itself. This may also result in a complete ABCD pattern. My target is set on 1.32550 - we may see price go higher.
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Protect profits.
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Still some bullish movement expected on this pair.

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Chart PatternsTrend AnalysisWave Analysis

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