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SigmaTrading
Aug 14, 2020 10:00 AM

GBPUSD Long Setup  Long

British Pound/U.S. DollarFXCM

Description

Latest COT Data on GBP shows that the long contracts maintain their strong, bullish short-term momentum.

Price will create a new HL at the daily critical demand area near 1.28000 and move towards the monthly supply area near 1.34000.
Stop loss moved further below in case that price goes for a 0.618 re-test.


If you like my GBP/USD idea, please leave a like or a comment. Thank you.

Happy Trading!
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