gbpusd

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H4
_ STRUCTURE: Uptrend
_ TENDENCY: Uptrend
_ SCENARIO: A possible retest of precious resistance which turn to support.
_ BUY=> Price action at around 1.24000
_ NOTE... Awaiting signal, 1h or 4h rejection of bullish candle to the upside.
_IDICATORs: Fib retracement, Volume profile, Elliot impulse wave, long position.

Gbpusd coming down aggressively, wait patiently for good rejection of bullish candle, note that overall outlook of pound is bullish based on COT.

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