GBPUSD long setup

27 Ara 2016

• Wedge broke to the upside
  
• Price bounced from fresh 1 hour demand zone which happens to line up with the fib levels as well
  
• Pending order activated with stop just below the 78.6% level
  
• See previous analysis breakdown
  
• Expect current candle to close as a hammer and reject the demand zone
  

GBPUSD