Short

GBPUSD Outlook 6/5

Updated

GU barely did any trading below its weekly open last week. this is not efficient price delivery and price will return below the open last week in order to capture liquidity.

Here are the POIs I think are interesting based on that. This is in line with anticipated strength on DXY.

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taking a short off the recent hourly OB. dont love it being at the bottom of london or the FVG above. but it is in line with anticipated continued weakness on GU.

Trade closed: stop reached

did not hold.

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last attempt

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ran 3:1 stopped out during london.

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taking a short here from the balanced price range 8H. no BMS yet so higher risk.

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so far so good

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extending my TP to last week's open price.

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taken out break even. my expansion trades are not hitting as price is ranging this week. done with currencies till next week.

akhena10fx

Let the algo show you its hand.

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