GBPUSD Long | 1H

Reasons for entry:

1. Falling wedge formation.
2. 1H Hammer bounce off a very strong resistance-turned-support level.
3. 4H Inverted Hammer bounce off that same level.
4. Conservative break-bounce of strong resistance level.
5. GBPUSD in an uptrend already.

6. Biden likely to spend to repair the economy resulting in a weaker dollar.

Let's see how it goes...

Сделка закрыта: достигнута стоп-лосс цена