Hello Everyone!
How are you all?
GbpUsd is a pair to watch this week, because it is shaping up very nicely for a bullish move that we can capitalize on.
So, I will be looking for a bullish reversal because of the following reasons:
1. The overall trend is bullish.
2. The price has approached the value area.
Game Plan:
If the price rejects at that value level or sweeps the Low, and makes a bullish impulse followed by a 15mins flag with two highs and lows.
Entry : will look for a risk buy entry within the flag or a reduced risk entry on the breakout of the flag.