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Chad_Sniper

GBPUSD - Possible Buy Setup

Long
British Pound / U.S. Dollar (OANDA:GBPUSD)  
Chad_Sniper Updated   
OANDA:GBPUSD   British Pound / U.S. Dollar
Trend Analysis
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trendanalysis
Price reached Demand Zone on a higher TF.
We are seeing AO exhaustion/divergence on 15M TF.
Looking at Buy at 1.11669 golden zone level. This is a Retrace buy after a Break of Structure of previous High.
Comment:
High Impact News ahead - 3 hours from now.
Order cancelled:
After the news, USD is stronger versus GBP. This setup will likely to fail and move against analysis bias.
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