GBPUSD Long Position After The Vivid Uptrend

My bias for this pair would change if this pair attempts to remain below 1.3 and break the trend line. Moreover, 4h might confirm short entries when the trend line is broken.

Having had GBP on its lows, It may be time to get back up with an uptrend and far more formations. On the chart, we have an uptrend on the weekly level and also one on the daily level. A breakout has already occurred and I do see a continuation to the upper side in the course of the coming week. The breakout is followed by a bearish pattern which I do take as a retest/retracement.

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Target hit precisely by the market.