GBPUSD Forming Strong Upward Rally | July 14, 2017

Gbpusd is forming strong upward rally after forming a bullish engulfing pattern on daily 2 days ago. Now, this pair is full of upward strength. We didn't see any big retrace with this rally. It seems buyers are active on this pair with full power. We also need to stay on bullish mode on this pair. We need to buy when any opportunity comes. Buy zones are 1.2900, 1.2955 level. If we find this pair on those zones, then we should buy with 30 pips SL and 50 pips TP. 

Next resistance for this pair lies on 1.3030. If this pair breaks this resistance this time, we can see this pair flying toward 1.3300. If any bearish candle forms, then we can take sell entry.

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