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TradeTheStructure
Oct 15, 2019 1:58 AM

GBPUSD ready to rally Long

British Pound/U.S. DollarFXCM

Description

The Pound looks set to kick higher as the pressure mounts for the EU and the UK to do a deal. This means that the bias for the GBPUSD is to the upside for an extension into the OfferZone and potentially further if the short squeeze persists. Watching now for a washout lower to clean out some longs and then the action to heat up with a push up through 1.2638.

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