GBPUSD Watch for strong breakout

Hi there,

GBPUSD is strong. It is forming very nice correction.

How you can trade on this high volatile currency for good return.

1. Watch for the breakout and look for buy and look for it to hit 1.30 or 1.32.

Or

2. Wait for the price to hit the bottom and then look for buy and look for 1.30 or 1.35


In case price breakdown the bottom sharply then it will invalidate the buy setups and will change the structure.

Good Luck

Comment:

Breaking looking nice. Watch for more upside.