GBPUSD - Buy - 200 Pip Target

Again looking at successful channel trading.

Single trade of the day for another 200 pips.

Area of concern: test of resistance zone (which is dynamic - support turns to resistance and then vice versa) at 1.21878 ... Yesterday price performance at this zone was slow and am expecting the same today so will hold this until the asia session.

SL set at 150 EMA as this should give enough room for price to move.


What are your moves on GU?

Good luck today everyone ...

Trade stängt manuellt:

Trade closed as did not want to hold at midday for BOE report.

Original trade closed in 44 pips
Scalp closed at 77 pips

Total for the day + 121 Pips