LONG IDEA FOR GBPUSD

2 Jul 2023

GBPUSD
For GBPUSD, I'm looking for the price to retest demand area (1.26399 - 1.26472) before going long.

Reason for this long idea:
1. Demand base
2. Diamond Chart Pattern
3. QML
4. QMTR
5. Breakout of Resistance
6. Engulfing Fail

Be aware on going long around (1.26561 - 1.26668) it might be a trap for buyers here.
This is my early assumption on GPBUSD and by looking on bigger timeframe it might going long way up.

Makesure to do your on homework too. See you at 1.26472 GBPUSD.