GBPUSD Long Setup
#GBP/USD#
We can see a reverse head and shoulders on GBPUSD . Entry line is given, stop loss is given and TP 1 and 2. Entry is basically at the false break line which also aligns perfectly with the 78.6% Fibonacci retracement . Thank you and good luck

Philly Fed Index Drops More Than Expected In August
A report released by the Federal Reserve Bank of Philadelphia on Thursday showed regional manufacturing activity continued to expand in the month of August, although the pace of growth slowed by more than anticipated.
The Philly Fed said its diffusion index for current activity dropped to 17.2 in
Oil - heads up for the OPEC+ JMMC meeting today, Wednesday 19 August 2020
Earlier on oil data:
Private oil survey data shows draw in headline crude oil inventory
Note headline draw in crude but the substantial build in US gasoline inventory. Sparking concern about demand recovery once again (ps the government EIA inventory report is more widely watched and this is still
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