
The GBPUSD has fallen from the Election highs and price is now looking for buyers to consolidate a higher low above the 1.2767 zone for the next leg up. We want to see a further squeeze on the buyers before a higher low builds for the shoulder entry setup. From there, watch for a run up to the OfferZone at 1.4245.
** If you enjoy our free content, please follow our profile, by hitting the Follow button, at https://www.tradingview.com/u/Trade_Setup/ to get further high quality ideas. **
** If you are following our ideas any comments and likes are most welcome and will be greatly appreciated **
** With quality alerts and correct Risk Management, you can learn consistency and grow your account **
** With quality portfolio management and defined risk levels to help your account grow and achieve steady profit targets while increasing your trading edge. Check out www.tradesetup.com.au **
YouTube Channel - https://www.youtube.com/channel/UCQpHCJ6mUqQcrJTDVc1Si5g
Join us on our Live Stream to chat about all things markets here https://www.youtube.com/c/TradeSetupAu/live