GBPUSD experienced a massive drop today after 10:30 news drop (GMT +3:30), going 60 pips lower, but after it hit the FVG Consequent Encroachment (FVG Midpoint), it bounced back up, going as high as 1.3597, barely below the Feb 9th NWOG Low, and is now being traded at 1.3595.
Price has touched the Feb 9th NWOG numerous times in the past 8 days, and I expect GBPUSD to retest the NWOG once more, if it goes through stays above the NWOG Midpoint at 1.3605 and stabilizes there, we can see a small bullish run.
Targets: 1.3600, 1.3608 and 1.3616.
If it gets rejected from the NWOG Low, then the targets are: 1.3588, 1.3582 and 1.3576.
Price has touched the Feb 9th NWOG numerous times in the past 8 days, and I expect GBPUSD to retest the NWOG once more, if it goes through stays above the NWOG Midpoint at 1.3605 and stabilizes there, we can see a small bullish run.
Targets: 1.3600, 1.3608 and 1.3616.
If it gets rejected from the NWOG Low, then the targets are: 1.3588, 1.3582 and 1.3576.
Trade closed: target reached
Got rejected by the NWOG Low and hit all targets. 
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Free channel: t.me/AmirAliTrading_Official
Join OurBit with my link and you'll be added to Crypto Premium channel for free: ourbit.com/register?inviteCode=JSB5ZW
Contact me: t.me/Amirali_Trading
Join OurBit with my link and you'll be added to Crypto Premium channel for free: ourbit.com/register?inviteCode=JSB5ZW
Contact me: t.me/Amirali_Trading
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.