GBPUSD longs to close off the week.

Having a look at W1, we can see that the previous week closed strong bullish engulf. This, to me, indicates and possible shift in momentum. The current weekly opened and pushed straight down and is currently making the top side of the candle. With NFP due today in like 5-6 hours, we could see a huge buy-up of price.

Having a look at the current daily, confluence for buys can be seen as the candle formation is favourable. Waiting to see a break of 1.27750 to see price continue with an immediate push to the upside. 1 hour left till the H4 close, so will most likely wait for that.

:)