Sphinx_Trading

GBP/USD Long Setup +850 pips

Long
OANDA:GBPUSD   British Pound / U.S. Dollar
- We can see on the charts price rised with impulsive movement after reaching 1.0400 demand zone.
- Price started to make a consolidation then rised with a big bullish move (second impulse bullish move).
- We can observe a break of structure after the second bullish movement.
- Price may drop to 1.0800 demand zone to make a liquidity grab and then we may have a big bullish movement to 1.1700.

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.