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Jul 1, 2020 11:55 AM

GBPUSD LONG TRADE SETUP Long

British Pound/U.S. DollarFXCM

Description

The 4-hour right side is down with a bearish sequence against the 6/10/20 highs at 1.2823 . The 1 hour is turning up against 1.2249. While a bounce fails below the 6/10/20 highs expect the pair back lower under the March lows.

Short term trade setup

Long @ 1.2380-40

TP: 1.2500
Sl: 1.2300

Good luck !

Trade closed: target reached

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