Hello fellow community members,

Today GBPUSD seems to be consolidating after a strong up move. I have placed a buy order in the pair with stop loss below the day low as the RSI and 50 periods moving average are supporting the pair.

GBPUSD 4H CHART

  • MACD is showing buy
  • RSI is rising.
  • Stochastic is also buy mode.
Any suggestions or comment about the trade are welcome.
Happy trading to all.

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