VladimirRibakov
Long

GBPUSD Potential Buy Setup

FX:GBPUSD   British Pound/U.S. Dollar
I want to see a double wave down near the buy zone marked in blue (1.22 – 1.2190). There is also an up trend line coming from the last two lows which will act as extra support.

Ideally divergence should form near the range and we can go for a buy.

Target 1 – 1.2300.

Target 2 – 1.3000 (amazing Risk:Reward is offered here).

Stop Loss – below last low created.
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