Spablauw

GBPUSD potential LONG setup next week

Long
FX:GBPUSD   British Pound / U.S. Dollar
1
The chart depicts what I am looking for in the coming week. We could break those highs and move aggresively higher immediatly. Would be looking for a different entry then.

As you can see we already hit the 1.27 extension on that last swing. Also lining up with the asian range fakeout. Short term short could be 1.518 but this is counter trend and risky.

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