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CleanTrades
Jul 9, 2019 7:38 PM

GBP/USD: Potential 540 pips - Long with 12.5 R/R Long

British Pound/U.S. DollarFXCM

Description

Dear Traders all around the world

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GBP/USD is currently forming a rejection candle within our bullish Orderblock. A daily close at 1.26640 would indicate that liquidity is likely going to get engineered above equal highs (Short-term EQ) therefore the probability of a POC test increases. Followed by decent PA I think GBP/USD would not have any problem until 1.29000.

POC: Point of Control
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