PyramidFx

GBPUSD 1.3740 and 1.3680 Demand zone for long 1.3950-4000

Long
OANDA:GBPUSD   British Pound / U.S. Dollar
Professionals increased 9% long gbp by last four weeks, commercials increased 3% shorts as well. Due to strength in usd dollar gbp/usd in correction mode trend is still bullish. 1.3740-20 first demand zone, 1.3680 second demand zone if first support fails, split risk for long positions by mentions levels. 1.3950 & 1.4000 targets.

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