GBPUSD Hourly Trading Journal

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GBPUSD Hourly Trading Journal

Price had to my opinion a lack lustre week weaving in between an increasingly tight range. Is this a larger consolidation pattern? I am happy that I daily charted and followed it day and night. Made some aggressive predictions that were wrong and thankful for the teaching it gave me.

That said price ended the week just shy for the hourly FVG and in a premium market by taking out buy stops I targeted for, celebrate.

It seems likely for the hourly chart that price will seek the equilibrium and potentially in London create the weeks low taking out sell stops at my first target 1.27273. Aggressive target is 1.26900.

I would like price to come up into the Hourly FVG I have noted at the range of 1.27865. Still holding out for weeks target of 1.28273 to the buy side.

Only a fews of RED FOLDER news so there could be a smoother week of clean price delivery.

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