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rhf_fx
Jan 17, 2024 12:15 PM

GBPUSD London Session Buy Recap 70+ pips Education

British Pound/U.S. DollarFXCM

Description

Price broke below the KL but the next 30 minute candle closed back above, indicating a small liquidity grab for price to move back up. CPI was to follow and as the next hourly candle broke the previous high, buys were entered with us anticipating CPI to drive price back up to the next KL. Secured some profits there, and left a runner to target the KL at 1.26900.
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