Looking at GBPUSD we can see a 'REVERSAL PATTERN' meaning this is an indication of the bottom of this downtrend for now. USD eased off last week as it retreated from its bull run as the market stabilises. Giving room for more up on XXXUSD pairs towards the beginning of the week. This trade will be confirmed on a break & close above 1.20037.
potential pips around 167 so risk / reward should be good if we stick to a max SL of 30 pips
potential pips around 167 so risk / reward should be good if we stick to a max SL of 30 pips