GBPUSD Strongly Bullish

This is the 12 months time frame snapshot for GBPUSD. Two things could happen here. Either the 3rd model(GBPUSD Bullish) or the 2nd model of the black box(GBPUSD Bearish)

On the Monthly timeframe we have the second model which is break and retest, already TP1 hit, most likely we are heading to TP3 @1.40000, If that happens the 12 months time frame narrative will change to the third model pushing GBPUSD to the upside to reach 1.50000.


On the weekly timeframe, GBPUSD broke the black box to the upside, making the pullback a retest as the second model of the black box. Most likely we are moving up based on the higher time frame narrative.


The daily timeframe, it's too early for me to determine the direction as it's still trading inside the black box.


In the 4 hour timeframe GBPUSD gave us a buy opportunity on Monday and a sell opportunity
on Tuesday using the third model of the black box.


On the hourly timeframe we had a buy opportunity on GBPUSD as you can see on the below screenshot.
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