Forextuitions

GBPUSD LONG TRADE SETUP

Long
OANDA:GBPUSD   British Pound / U.S. Dollar
The 4-hour right side is down against 12/13/2019 peak (1.3522) & shows a bearish sequence. 1 hour is turning down against 1.2814 high. Near-term, while bounces fail below 1.2814 high expect pair to extend lower 1 more push lower before correction against 12/13/2019 peak resume as a zigzag structure.

BUY GBPUSD
@ 1.2410-2375

Target: 1.2550
SL: 1.2320

Good luck !

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