TylerTrades

GBPUSD_Position Long

Long
FX:GBPUSD   British Pound / U.S. Dollar
Previous long trade on this pair has been closed out at breakeven as prices did not confirm my view of the market.

With prices held by the daily demand, more stops have been added to the low of prices the past week. As such, potential stop hunting by institutions might occur and a daily demand below current prices have been identified for longs to be taken.

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