IvanLabrie

GBPUSD: bullish setup update

Long
FX:GBPUSD   British Pound / U.S. Dollar
We have a very good bullish setup that just confirmed.
The daily corrective downtrend has expired, and there's a 15 day rally forecast currently active.
Stop loss should be below the 1.5328 mark, and an entry on a retracement would be ideal.

Looking to market buy asap, but ideally a retracement into the green zone would be better, with a tight stop at 1.53775.
If we move above the quarterly mode at 1.5918, we can be sure of further bullish continuation as a distinct possibility.

Good luck,

Ivan.

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