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TradeTheStructure
Oct 16, 2019 3:58 AM

The GBPUSD hit our target so watching for what happens next 

British Pound/U.S. DollarFXCM

Description

The GBPUSD has kicked on to the OfferZone where we expect to see some heat come out of the rally and a reaction lower for a long squeeze. The question is in what form...will the price pop and washout stops above the zone and then fall back below to trap some longs or will we see a correction lower from current levels to reset and build for another run higher. If price blasts straight up and through the level from here, then no harm done and happy to follow the action higher.
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