GBPUSD HEADING TOWARDS DAILY FVG FILL?
Updated
Good afternoon everyone again,
GBPUSD has taken out last monthly low. It may look bullish until atleast daily FVG fill until we can see further drop.
We may look to buy at an optimal entry marked in the chart around 1.06135 - 1.04741
There is a heavy sell volume on this pair so any buy trade we take would risk 0.50% (half than usual)
The movement also depends on how DXY (USD Index) moves
This is not a signal, this is just our view on GBPUSD currently
GBPUSD has taken out last monthly low. It may look bullish until atleast daily FVG fill until we can see further drop.
We may look to buy at an optimal entry marked in the chart around 1.06135 - 1.04741
There is a heavy sell volume on this pair so any buy trade we take would risk 0.50% (half than usual)
The movement also depends on how DXY (USD Index) moves
This is not a signal, this is just our view on GBPUSD currently
Trade active
Active and running in our channelNote
Above trade exited at breakevenNew Buy Limit
Trade active
Moving SL to EntryEntry adjusted to 50% FVG
Note
Trade active
Sell running
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