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Theperfectionist

Overall view of GBPUSD - Update of July 15th's week

Long
British Pound / U.S. Dollar (OANDA:GBPUSD)  
Theperfectionist Updated   
OANDA:GBPUSD   British Pound / U.S. Dollar
Trend Analysis Chart Patterns Harmonic Patterns pound dollar GBPUSD buy Bullish Patterns consolidation Forex
11
3
trendanalysis chartpattern harmonicpatterns pound dollar gbpusd buy bullish consolidation forex
Aimed by a steady volume for 2 months, the GBPUSD pair was sideways with well-defined supply and demand level retaining any attempt of breakout. After a false breakout on July 9th setting up the new low of the year, we are now experiencing a sharp bullish reversal.

Possible targets: @1.27500 (+180 pips).

Advice: Stay bullish and buy any low points while we don't break downside @1.25000.
Trade closed: stop reached:
Stop loss reached, demand and low of the year level broken

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