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PetarJacimovic

Volatility squeeze and W formation GBP/USD

Long
British Pound / U.S. Dollar (FX:GBPUSD)  
PetarJacimovic  
FX:GBPUSD   British Pound / U.S. Dollar
10
0
I found potential bottoming on GBP/USD. There is decreasing in volatility (squeeze) and W formation according to 30M time frame. Price may at least visit FB 50% and 61.8% >

Targets > 1.2475, 1.2495 and 1.2560

Position will be invalid if price go below 1.2383
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