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adamgwhitlock
Aug 1, 2020 2:12 PM

GBPUSD Long Long

British Pound/U.S. DollarFXCM

Description

Daily TF
Fundamentals suggest bullish trend
Mon 3pm USD industry expansion forecast positive
By Wed 3pm USD showing more industry expansion.
Thurs 12pm GBP Monetary Policy Summary - unlikely to show much change
Fri 1.30pm USD NFP

1) Poss 3rd touch of trend line
2) LH, LL, HH, HL, HH bullish structure broken out
3) upward corridor
4) Psych level broken through, prev support in 2018
5) EMA in all TFs showing support
6) look for candlestick rejection
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