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Attack_Titan
Dec 27, 2016 11:49 AM

GBPUSD long setup Long

British Pound/U.S. DollarFXCM

Description

  • 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

FX_IDC:GBPUSD
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