GBPUSD Bullish Engulfing 4-Hour Chart Resistance: 1.5906 moderate/1.5936 minor/1.5957 minor Support: 1.5885 strong/1.5855 moderate/1.5834 minor We have a medium credibility pattern Bullish Engulfing in 4-Hour charts. Though ideally this needs a confirmation before trading, with prices just above a strong support consider buys off 1.5885, the Pivot Point. Stop losses can be placed just under the said price or alternatively the pattern low if beneath the Pivot Point. AUDUSD Bullish Engulfing
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GBPUSD Bullish Engulfing 4-Hour Chart