I believe that the correction on the daily time frame for GBPUSD isn't over yet. I will therefore be looking for a spike or move lower for GBPUSD first and then buy the reversal. If we don't see that happen I simply let it go and wait for the next high probability trade set-up. Selling out of this zone is just too risky for me and structure suggests a reversal to be next.
4hr timeframe
updates will follow
4hr timeframe
updates will follow
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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.