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GBPUSD H8: Bullish BUY/HOLD setup TP+500 pips (SL/TP/NEW)

Long
FX:GBPUSD   British Pound / U.S. Dollar
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GBPUSD H8: Bullish BUY/HOLD setup TP+500 pips (SL/TP/NEW)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
Tagged as LONG because I expect more gains.


🔸 Summary and potential trade setup
::: GBPUSD 8hour/candle chart review
::: strong bullish TL in yellow
::: on the right buy re-tests now
::: TL will provide reversal/bounce
::: currently not the best spot
::: to BUY/HOLD
::: generally traders should look
::: to BUY any dips in this market
::: based on mid-term outlook
::: later with SL/TP levels
::: recommend to BUY/HOLD 3750/70
::: recommended strategy: BUY/HOLD
::: TP1 +250 TP2 +500 SL 50 pips
::: good luck traders
🔸 Supply/Demand Zones
::: 3750/3770 fresh demand zone
::: 4450 fresh supply zone
🔸 Other noteworthy technicals/fundies
::: TD9 /Combo update: N/A
::: Sentiment short-term: BEARS/PULLBACK
::: Sentiment outlook mid-term: BULLS

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