Counting on positive BoC news tomorrow, this is a simple trade setup. Long position targetting the cloud as a correction timer. This also agrees with the principles of Tim West's technique, and the fundamental background. Tomorrow should be a decisive day, the technical setup is clear, let's see how it does. Good luck!
You looking for retail sales to move this pair?.. Must been a bumping ride thus far with risk off market mentality
IvanLabrie
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Yes, it is...I'm out for now.
Waiting to see what happens with crude, gold and the Greece situation.
Might try to capture some 4h moves in gbpusd, and others though.