FX:GBPUSD   英鎊 / 美元
0
Looking at the GBP vs USD on the 4 hour time frame we see all Ichimoku signals are bullish with price being above the Kumo cloud. The pair has been in a clear uptrend and should continue upwards to the next resistance point @ 1.57326. Price currently broke the previous fractal level resistance high after a slight pullback therefore triggering a long trade entry . I have placed an entry long @ 1.56446 with my stop @ 1.56188 and target @ 1.57326. The target level will become a very important level once price reaches this level. Clearly a resistance level price may break this level and continue upwards but the more probable scenario might be price honoring the resistance level and retracing before eventually breaking this level triggering another long trade on the pair. Have a great trading day and God bless!

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