GBP/USD Analysis

A succession of inside bars normally leads to a break out and thats what we have here on the daily timeframe.

- Inside bars
- Moving averages pointing up
- 8ema holding very well
- Trend clearly up
- Waiting for Mother bar candlestick to break and we'll be above resistance.

Order to go LONG as per below:

STOP: 15773
ENTRY: 15885
LIMIT: 16109

RISK/REWARD: 2/1