GBPUSD Long Position (4Hr Timeframe)

- Potential for a bullish week, sparked by positive PMI as this rose to 56.3 last month, from 56 in September as well as Poorer US NFP data
- Technicals support this as trend retests support levels and MACD moving averages crossover
- However be wary of next weeks UK CPI data as Mark Carney mentioned that CPI could be higher than 3% which will have adverse effects on GBP