AlgoVenture

GBPUSD Buy the Pullback...again?

Long
FX:GBPUSD   British Pound / U.S. Dollar
Just did a buy earlier and after the price has gone up, it broke another trendline thus giving us another opportunity to buy the pullback again.

GBPUSD has moved 50 pips based on today's swing low to swing high and could go up to 70 pips or more if it's able to trend later.

With the current setup, it would be a good to give it a try again later during the US session if it does pulls back to the demand level at 1.3675.

And after all, we are also seeing a potential rebound from the bottom of the current market range.
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