GBP/USD Trade Recap & Re-entry Plan (4H / 2H Analysis)
Completed Long Entry:
- Entry from demand zone around 1.32600–1.32900
- TP hit just below key supply zone at 1.34400+
- Strong risk-reward delivered from the bullish BOS structure.
Current Price Action:
- Price has tapped into higher timeframe supply (red zone), showing signs of short-term exhaustion.
Re-entry Plan:
- Watching for a potential pullback to 1.33450–1.33800 (refined demand zone) for another long continuation.
- Plan invalid if price breaks below 1.33400.
Expecting re-entry setup early next week if market respects structure and offers confirmation.