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Aaron_K_Trading
Aug 24, 2023 12:51 PM

GBPUSD (6B1!) Intraday trade - LONG Long

British Pound FuturesCME GLOBEX

Description

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.

Comment

You may also want to enter now as of 14:18 while the price is trading close to the bottom of the range
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