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GBPUSD completed the Bullish Flag pattern and broke the flag line. We might see a retracement base on Bearish Shark pattern which we have published on Friday. The broken line could be tested. The targets of the formation were shown on the chart.
Time Frame: H4
The trend in the Timeframe: Bullish
The trend in the Daily Chart: Neutral
Trade Based On: Bullish Flag Pattern Breakout
Accuracy: %73
Recommended Lot Size: 0.10 @ 10 K Account with 1:100 Leverage
Trade: LONG
The Area Of The Entry: 1.31200 and the potential pullback @ 1.30600
Stop Loss: 1.29000 – Invalidation Level –
Target 1: 1.32200
Target 2: 1.32600
Target 3: 1.34400
What to Pay Attention: Brexit Related Volatility
http://chartreaderpro.com/gbpusd-bullish-flag-pattern-long-opportunity/