CableTraders

GBP/USD-- Long then Short!

Long
OANDA:GBPUSD   British Pound / U.S. Dollar
DXY is currently sitting on H4 demand, yet we have a large liquidity pool sitting above on GU

I expect we'll complete the compression with a move up before the drop down to 1.1825 (HVN/Weekly POC area)

First idea would be to look for a long around daily pivot / below Y'day NY Low

Good luck, happy trading

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