Latest COT Data on GBP shows that the long contracts maintain their strong, bullish short-term momentum.
Price will create a new HL at the daily critical demand area near 1.28000 and move towards the monthly supply area near 1.34000.
Stop loss moved further below in case that price goes for a 0.618 re-test.
If you like my GBP/USD idea, please leave a like or a comment. Thank you.
Happy Trading!
Price will create a new HL at the daily critical demand area near 1.28000 and move towards the monthly supply area near 1.34000.
Stop loss moved further below in case that price goes for a 0.618 re-test.
If you like my GBP/USD idea, please leave a like or a comment. Thank you.
Happy Trading!