GBPUSD long open range breakout signal and double weekly bottom. Ideal target f100% 1.6050 area -the daily range above the open f0% ultimate target f200% 1.6150 area - twice the daily range to get there. Extended target for Swing weekly trade 1.62505 - based on monthly high red horizontal If we reverse short here and break below the current week and monthly low - 1.58522 area -f100%
The range grid at the bottom is showing the market is stil yet to make 50% of the session expected range. some 50pips. out of a normal range of 102. shown by the black horizontal line
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