PiPs_Mafia

Daily Outlook for GBPUSD

Long
FX_IDC:GBPUSD   British Pound / U.S. Dollar
This is the daily outlook for GBPUSD's swing structure, possibly for a long time to come. Earlier we had sent analysis on 15 minute chart and this is a true confirmation to that analysis. We are doing multi time-frame confirmation because on the 15 minute chart, we saw the reset done by the market makers to punish early buyers out of the market. This will possibly go up to the demand level of 1.1449 and a swing up to 1.3160 which formed the previous peak formation. 1600 pips move.
NB** If price falls to the PREVIOUS peak formation, watch the channel. If there is any fall beyond the channel, wait for a retest and then swing to the said level.
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