By: Fadi Steitie
Currency: GBP/USD
Trend Expected Direction: UP
Method: Ichimoku Hyo
Description: Kumo breakout on smaller chart time from H4 where trend just broke the Japanese Cloud. Tenkan had a golden cross above Kijun (Blue above Red) which indicate a bullishness move. However, the sentiment is still negative but with low volatility, so I would buy and hold the pair for today or probably another day or two. I will keep my eye on this trend in micro Elliott just to target its end and will post it once trend mature.
Recommendation: Buy & Hold
Target Area: Open
Stop Lose: 1.60530