GJ Journal 12-9-18
So, this is a new week into the trading world and for GBP we have some MAJOR news all week basically, especially because of all the BREXIT news. All timeframes are really telling me we will be having longterm bearish movement to the downside, even all the way down to the 1h timeframe. So when price opened at market open it actually closed below a zone that it has not closed beneath in a long time which is very good to look for those sells. As far as trading GJ tonight, what I am seeing is that we are still seeing pushes to the downside for now and if it fills the gap then that would also retest the zone it closed beneath and will also be retesting the 38.2 & 50 fibs! Now with the high news for GBP at 4am we could see this really push up, but technicals are looking bearish. So stick with my guns on this one and enjoy the ride!
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