Forex48_TradingAcademy

GBP/USD LONG SETUP AFTER FED RATES

Long
OANDA:GBPUSD   British Pound / U.S. Dollar
Good morning traders, today I present this idea on GBP/USD. On this pair, we have a bullish setup after the news from Europe about the dollar. The market, while rising, broke through a supply zone, creating an important reaction area known as a "Forex48 block" on the M15 timeframe. If the price reaches this zone and provides the necessary confirmations on M15, I will enter a long position at the expected entry point around 1.293. The trade is currently aiming for a target of 1:6.5. Remember, patience is key, and confirmations are like nuggets of gold. Please share your opinion and give a like to support our work. Best regards from Nicola, CEO of Forex48 Trading Academy

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