Due to NFP on Friday I can see a gold short continuing all the way to 1480-1470
I'm looking at two take profits for this trade, as long as we see new HHs and HLs it should break resistance with ease.
This will be a really long swing trade, small stop loss but very rewarding should the uptrend carry on forming. Let's hope for a breakout :)
Pending buy at support and ride the buy until resistance, go higher if you want but just a thought.
Might be able to get a quick scalp, if not might be worth running until next week
Due to the events and plays yesterday, I see no reason why GBPUSD won't continue shorting, if it breaks the area, however, then long might be the way forward.