Update on GBPUSD

30 дек. 2021 г.

If you followed my previous analysis, now that you've hit TP, congratulations to you. But if there are some of you who don't use the TP or TP further, you can take some profit and move the SL to break even. Because on the daily timeframe the price has started to move towards the kumo cloud, we are still waiting for confirmation whether the price will bounce when it hits the kumo or enter it. However, due to the strong bullish momentum, I think the price could break above the kumo and head towards 1.37, so we'll see what happens.