GBP/USD long trade based on the 4 hour closing showing upward momentum:
-4H bullish engulfing formation which closed above previous resistance.
- Price has found strong support off the box range which it had been in for a number of days.
- 4H close placed a higher high and a higher lower indicating more upward momentum.
- 1D has shown aggressive belt holding candle which closed about the previous long box range.
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