Long

GBPUSD Outlook 1/8

Updated

Looking to see continuation of bullish price action on GU. NFP potentially could be the low of month, or at the very least a short term low that will be taken out in a late month reversal. annotations on chart.

Note

Looking for longs

Note

long on GU

Note

going BE

Note

Healthy.

Note

holding for now

Note

random liquidity hunt spike took me out at break even. Extemely annoying. back in at a worse entry.

Note

SL at BE, this entire range is likely to get taken by news, looking to exit trade at the top and look for shorts thereafter.

Note

Short on GU

Note

Full trade logic

Note

price has traded to initial SL but I took on more risk and am still in my short

Note

will close for loss if no significant downside expansion as the week closes. will hold over weekend if expansion lower occurs.

akhena10fx

Let the algo show you its hand.

Also on:

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.