GBPUSD H1 LONG PRICE ACTION FORECAST

Clear bullish momentum with the GBP, with price action currently signaling a bearish divergence for a possible pullback to support zone. Expecting the correction to reach and test the rising trendline for further uptrend continuation.

Tonight the FOMC could bring this pullback deep enough to trigger the buy limit order. In the higher timeframes, the uptrend bias is also recognized.

Price in a pullback.

The order:
Type: buy-limit:
S/L: 50 pips - R:R | 1:5 -
T/P: aiming at the resistance level