GBPUSD: CORRECTIVE STRUCTURE FINISHED?

After achieving the first goal, we were expecting a pullback in Support Area and it happened. Now the trend is bullish and should go to work on our next target. On the contrary, a return will be negative in the support area, why would increase the chances of a bearish break and subsequent return to the downtrend. This afternoon (European time) traders are awaiting Mrs. Yellen, and could lead to volatility at the DOLLAR INDEX, caution.

NOTE STRATEGY: Stop-Loss in Breakeven and let run the profits.

Look at our TRADING PLAN:
(Click and Play the Charts)

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