GBPUSD Trade Idea

In yesterday's analysis, I expected GU to reject the 1.3861 support zone with further bullish continuation, which was exactly what the market performed. In today's trading session, I will be looking for short-term buying opportunities. There's only one setup today, is to patiently wait for a a pullback to continue our long positions with 1.3990 resistance zone as the target. Use the short-term moving to medium-term Moving Averages to guide your entries (18 & 50emas).

The higher timeframe picture remains bullish.

Trade safe.

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