British Pound / U.S. Dollar
Long
Updated

GBPUSD-many reasons for a long

3 086
This pair is recovering near the strong level 1.5000.
Looking at D1 chart we see a bullish butterfly still in play:

snapshot

Here on H4 chart:

- trendline support
- retesting broken trendline
- potential HS pattern
- convergence divergence setup
- impulse and correction on H1

Best regards.

*****************DISCLAMER********************************************************************
This is just and idea, not a recommendation to buy or sell.
Always do your own analysis and plan before opening a trade.
Any respectful and constructive ideas are welcome (agree or disagree).


Note
First target hit, movil SL to BE

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