GBPUSD (6B1!) Intraday trade - LONG
The news release was bad for the dollar.
it should soon reverse.
If the DXY falls off, cable should gain some strength.
Looking for a BREAKOUT LONG above the current 30 min candle. It seems like it has re-tested the bottom of the rage, so it makes sense to look for longs here.
Again, ONLY ENTER A BREAKOUT LONG ABOVE THE CURRENT 30 MIN CANDLE.
it should soon reverse.
If the DXY falls off, cable should gain some strength.
Looking for a BREAKOUT LONG above the current 30 min candle. It seems like it has re-tested the bottom of the rage, so it makes sense to look for longs here.
Again, ONLY ENTER A BREAKOUT LONG ABOVE THE CURRENT 30 MIN CANDLE.
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You may also want to enter now as of 14:18 while the price is trading close to the bottom of the range