In my previous GbpUsd analysis I draw attention to a falling wedge pattern and the possibility of an upbreak.
The pair indeed broke the resistance of the pattern and we had the first leg up. GbpUsd corrected after and confirmed 1.2 as strong support.
Yesterday is marked by a strong bullish engulfing and this could be the signal for further gains to come.
I'm bullish GbpUsd and I expect a new leg up to 1.24. #OPINIONLEADER#
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