Buy Setup On GbpUsd

The setup I called in the beginning of the week, is starting to play out. On the lower timeframes, price has broken the significant resistance level and came back to test as support. But on the larger timeframes, we don't want to neglect the clear extreme weekly resistance level that's approaching. If price has a bullish reaction following the recent retest, then potential targets for this pair would be around that extreme level. The stop loss could be placed right underneath the level. Let's see if we could get some bullish movement.