OPPORTUNITY TO BUY GBPUSD OFF THE WEEKLY AND MONTHLY BEARS PROFIT TARGET ZONE AND MOVING UP TOWARDS WPP.

GBPUSD D1

Currently at support on the daily chart and monthly profit zone. Being a dollar bull this is a very short term long and long term short.

GBPUSD H4

On the H4 chart we reached weekly M1 and started to move up. The H1 chart shows what happened and price action in detail

GBPUSD H1

So on the H1 chart after we reached WM1 we started to double bottom and then made a higher high so now with my view on this as short term long and long term short i am waiting for a pullback with a buy limit at 1.26357 and this is support (role reversal). i am expecting other bulls to also enter at this level and take price back to WPP.

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