ProjectSyndicate

GBPUSD H4: BEST level to BUY +250 pips (SL/TP)(NEW)

Short
FX:GBPUSD   British Pound / U.S. Dollar
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GBPUSD H4: BEST level to BUY +250 pips (SL/TP)(NEW)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
Tagged SHORT as I'm expecting pullback short-term
before reversal later (BULLS).


🔸 Summary and potential trade setup
::: GBPUSD 4hour/candle chart review
::: accumulation in progress
::: currently trading near range highs
::: strong chart / bullish outlook
::: previously BEAR trap near 2740
::: expecting pullback short-term
::: recommend to BUY LOW
::: recommended strategy: BUY LOW 2740
::: from mirror S/R level
::: TP BULLS is +250 pips on SWING
::: SWING trade setup do not expect
::: fast/miracle overnights gains here
::: good luck traders
🔸 Supply/Demand Zones
::: N/A
::: N/A
🔸 Other noteworthy technicals/fundies
::: TD9/Combo update: N/A
::: Sentiment short-term: RANGE
::: Sentiment outlook mid-term: BULLS
::: Retail: 7500 lots SHORT 7400 lots LONG
::: Outlook/retail: BULLISH

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