GBPUSD, Breakout–> UP
British Pound/U.S. Dollar FX:GBPUSD
My view GBPUSD
W1:
– Tendency: Strong Downward
– However, the price test support, given bullish candle.
–> Forecast–> UP
D1:
– The price moves up.
– However, below resistance
–> Stragety: Waiting breakout–> Confirmation–> Buy
H4:
– Structure: Downtrend
– Minor trend: Uptrend
– If:
+ The price breakout 1.330–> Uptrend forming
—> BUY