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GBPUSD: Important Breakout 🇬🇧🇺🇸

Long
Sterlina / Dollaro (OANDA:GBPUSD)  
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OANDA:GBPUSD   Sterlina / Dollaro
Trend Lines Supply and Demand Candlestick Analysis GBPUSD pound GBP swing swingtrading swingtrade swingtrader swingsetup swingtradingsetup
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trendline supplyanddemand candlestick gbpusd pound gbp swing swingtrading swingtrade swingtrader swingsetup swingtradingsetup
snapshot

GBPUSD formed a high momentum bullish candle on a daily time frame yesterday.
That candle closed above a key horizontal resistance.

The broken structure and a major rising trend line now compose a contracting demand zone
- the area from where the next bullish movement will initiate.

Next resistance - 1.263

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