akhena10fx

GBPUSD Outlook 5/29

Short
akhena10fx Updated   
FX:GBPUSD   British Pound / U.S. Dollar
DXY bias is bullish so i am expecting weakness in GU.

NFP week so things can get shiesty on Friday. Still expecting NFP to be ultimately bearish.

HTF Bearish objective is sellside liquidity around 1.22202, which is a HTF Fair Value Gap.

All other relevant POIs are annotated on the chart.
Comment:
im short on GU
Comment:
reducing risk
Comment:
going break even
Comment:
had to give it room past break even. still holding
Comment:
still holding on GU
Comment:
adding to position here with the expectation that the 4H will close below its fair value gap
Comment:
took a loss and closed the first position manually, something else looks to be developing.
Comment:
lol gotta love it, was just a liquidity clearout, we keep headind down but he market successfully kicked me out
Comment:
last shot to get on the right side
Comment:
tapped in. if this doest drop it will be one whiplash of a day.
Comment:
enough punishment for one day lol, done with currencies likely till monday

Let the algo show you its hand.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.