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GBPUSD long setup

Long
British Pound / U.S. Dollar (FX:GBPUSD)  
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FX:GBPUSD   British Pound / U.S. Dollar
6
0
  • Wedge broke to the upside
  • Price bounced from fresh 1 hour demand zone which happens to line up with the fib levels as well
  • Pending order activated with stop just below the 78.6% level
  • See previous analysis breakdown
  • Expect current candle to close as a hammer and reject the demand zone
GBPUSD

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GBPUSD long setup
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