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cwoods22

GBP/USD - Was the news this morning a catalyst for a bull run?

British Pound / U.S. Dollar (OANDA:GBPUSD)  
cwoods22  
OANDA:GBPUSD   British Pound / U.S. Dollar
Fractal Candlestick Analysis Fundamental Analysis
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fractal candlestick fundamental
The news released this morning was a sign that the Sterling wants to go higher. With that being said, there was a fractal low sweep on the 30m chart. This is a sign of market manipulation, and with the stop loss of buys being taken is a sign that price wants to go higher. An area of interest has been highlighted by the grey box, and from there have waited for a break and retest in market structure before going long. Running up to 3R.
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