GBPUSD Switch

While expecting to catch a sell retracement on a bullish momentum. I was cautious that market may go from wanting to fall to "I'd like to continue my main trend". In this case GU created an H4 bullish engulfing on a support that was a resistance. Now I'm expecting a price movement of 100 points to the upside. I will be posting entries on my next idea because I want to focus on GU for a while.
Chart PatternsTrend Analysis

Penafian