GBPUSD Analysis (15 DEC 2022, Thurs)
Updated
1. Yesterday FOMC make the price to go downwards hitting retail traders stop loss and went back up again hitting more retail trader stop loss.
2. Price went back down, which means that GBPUSD requires a deeper retracement.
3. Before London Open, price retrace upwards reaching previous high. (M15)
4. Price triggering Sell stop (M5).
2. Price went back down, which means that GBPUSD requires a deeper retracement.
3. Before London Open, price retrace upwards reaching previous high. (M15)
4. Price triggering Sell stop (M5).
Note
If price hit SL, dont worry, find another short entry in the purple box, as long as it does not higher than 1.22450Trade closed: target reached
TARGET HIT EZPZ
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