UPDATE ON GBP/USD ANALYSIS

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UPDATE ON GBP/USD ANALYSISGreat British Pound vs. US DollarFX:GBPUSDLukegforexGBP/USD 1H - As you can see price has played out exactly as I predicted in the previous piece of analysis that was sent out, we wanted to see price trade us higher from the Demand Zone we had marked below. Price has done exactly that, giving us the opportunity to buy into this market and profit from the bullish momentum that has now traded us up and into the Supply Zone above. From here we are expecting price to reverse. This trade ran a total of + 70 pips. (+ 8%) 8RR A big well done to anyone who took onboard the previous analysis and traded this market higher, from here I will now be preparing to take this market short, its just a case of waiting for price to give us the confirmation. This will come via a CHoCH to the downside fractally, confirming the end of this higher timeframe correction and the start of the next bear run taking us lower. Any questions drop me a message or comment below.