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Jul 14, 2020 8:48 AM

GBPUSD LONG TRADE SETUP Long

British Pound/U.S. DollarFXCM

Description

The 4-hour is turning down against the 6/10/20 highs at 1.2815 . The 1 hour is turning up against 1.2440. While a bounce fails below the 6/10/20 highs expect the pair back lower under the March lows.

Short term trade setup

LONG GBPUSD

@1.2460-40

TP: 1.2600
SL: 1.2510

Good luck !

Trade closed: target reached

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