High probability trade in minutes Asia Monday GBPUSD Long
Here is a trade I will take once the liquidity picks up as its still pre-market in Australian Monday trading and liquidity and spreads will be much better in a couple of hours.
The trade is Long GBPUSD along the lines of the Daily chart 200ema where I expect price to continue to respect it and the influence of the ema right on price will spark renewed interest from traders during Monday.
Standby for about 1 to 2 hours and I will provide my entry, SL and potential TP.
Cheers,
Chris