GBPUSD - Pre-analysis (14.9.2018)

FX:GBPUSD   British Pound / U.S. Dollar
GBPUSD - Pre-analysis (14.9.2018)

- Higher TF structure is bearish but it seems that there is still more room for upside movement, price could potentially reach 1.31500 - 1.32000.

- 4hr shows a break of structure, awaiting for the retracement.

- I'm entering off a 1hr fib set up with 61.8 locked in for entries.

- Stops placed just below 78.6.

- 3.5:1 RR (+85 pips / -24 pips).
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