GBPUSD bounced at a weekly support making the direction bullish .
Now as you can see on the 4 hour chart the market broke out of the double top with a increase in volume , confirming the break out is probably a true breakout, (don't forget nothing in the market is a 100% we are looking at what is the percentages we have)
the breakout occurred on thursday night, I was looking to get in at the pull
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Price has been to this same exact area at least 5 times since the middle of this month. This is a strong support area as well as previous resistance area . Each time here price bounces off, and is currently retesting a bullish trend line . Price continues to close a little bit higher each time it reaches this zone, and trend line .
I am looking for bullish moves only as I continue to monitor this pair which the daily