GBPUSD Short Idea
We've seen a predominantly bearish stance on GU these past few weeks. I'm looking two opportunities.
1. To buy towards the H4 IMB
2. To sell from the H4 IMB towards last week low.
The second position will be the larger position and I'm anticipating this to take place sometime today/tomorrow.
Potential RR on the short is 1:5 depending on entry.
1. To buy towards the H4 IMB
2. To sell from the H4 IMB towards last week low.
The second position will be the larger position and I'm anticipating this to take place sometime today/tomorrow.
Potential RR on the short is 1:5 depending on entry.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.