GBP Bullish Trend to Continue? - Ichimoku GBP/USD Long Trade
Despite another stellar NFP report, the dollar didn't make substantial gains against the pound last week.
It look like support is holding near where we're currently sitting and if it stays that way I'll be looking to back long.
I'd like to see a small drop to the level I've drawn and support to hold there to help confirm my entry.
All our other signs remain bullish for now as well.
I've drawn out some targets based on price structure off the daily to aim for along the way to previous major price structure resistance.
If we fail to hold support or if our bullish confirmations change, this setup may become invalidated.
It look like support is holding near where we're currently sitting and if it stays that way I'll be looking to back long.
I'd like to see a small drop to the level I've drawn and support to hold there to help confirm my entry.
All our other signs remain bullish for now as well.
I've drawn out some targets based on price structure off the daily to aim for along the way to previous major price structure resistance.
If we fail to hold support or if our bullish confirmations change, this setup may become invalidated.