GBPUSD Pre CPI; Zones To Watch

Mar 14, 2023

Hey Traders,

Lot of eyes are on USD Pairs.

Local PA levels and lack of impetus VIA employment data have kept GBP where it is..

But there's more. And ya gotta plan for it.

Watch on.

Mar 14, 2023

Note

Looking for shorts higher up as we approach KEY PA levels noted.

If you are scalp shorting before then it must be light.

Mar 14, 2023

Note

Exit any scalp shorts.

Mar 14, 2023

Note

Sideways LOW Sentiment movement...

Tomorrows Budget may affect GBP so eyes must be on news.

remember to NOT guess news events.

Trade the market reaction.

Mar 15, 2023

Note

For those who aren’t familiar with U.K. politics..

Budget likely just after 12:30 GMT.

Mar 15, 2023

Note

So since 5 GMT 13th MAR there has been silence....

Normally that is what happens prior to the storm. But we don't guess the weather and we are still looking 1.23+ for shorts and a far larger fall for longs.

Stay posted.

Mar 15, 2023

Note

Exit longs taken as per video on the bounce for gains.

Mar 15, 2023

Note

Look to re long light and take early exits.

Mar 16, 2023

Note

So longs mention at mid level PA zones spot on.

Margins are very tight and the market remains for SCALPERS.

Use risk averse zones higher up on rash moves (if they come) as shown.

Mar 16, 2023

Note

Trade falls to current area very lightly with EARLY exits.

Margins are tight so you need to be in and out.

Mar 16, 2023

Note

EXIT longs.

Mar 17, 2023

Note

Scalpers can lightly short impulse moves up.

Risk averse go for 1.23+ level

Mar 17, 2023

Note

remember light shorts as we close out early exits.

Mar 17, 2023

Note

Looking for 1.229 / 1.23 Monday IF we can get it. Otherwise we just wait.

Hope to see newbies onboard the academy and we go again Monday trading GBP!

Mar 18, 2023

Note

Just to RECAP what went on last week...

We have sentiment inflow from UK budget and other events dragging GBP down to key support 4H.

We pre planned this and knew where buyers would scale in based on key PA rules.

We then exited at prev short zones for gains.

Mar 20, 2023

Note

Shorts approaching 1.2285 do take note of news events coming this week.

Mar 20, 2023

Note

Looking short now.

Mar 21, 2023

Note

Exit 30 pip gain.

Mar 21, 2023

Note

NOTE how we are rebounding. EARLY PA levels on LOWER TFs are always good to note for the best possible exits

Mar 21, 2023

Note

GBP news coming London session tomorrow.

Looking short on rises 1.224

Mar 22, 2023

Note

Lightly short the rise

Mar 22, 2023

Note

RE short 1.23 LIGHT

Mar 22, 2023

Note

Exit all shorts for intraday gains.

Mar 22, 2023

Note

Re short lightly for early exits.

Mar 23, 2023

Note

Bias Remains lightly short for GBPUSD do NOT massively short and try to guess the BOE meeting outcome in an hour or so.

Room much higher for shorts on a rise but would need a harsh move up.

Mar 24, 2023

Note

Exit all light shorts taken on current bias.

Hold off risk averse longs until radical drop.

Mar 28, 2023

Note

Current PA Zone has become MINOR due to poor PA. Only light shorts and Risk Averse above Prev highs.

Mar 29, 2023

Note

Exit shorts

Mar 31, 2023

Note

Risk averse NEW shorts circa 1.26+

Longs 1.20 + area.

Apr 30, 2023

Note

Watch for shorts 1.266 area

May 6, 2023

Note

Looking short as we go into this week circa 1.27

May 6, 2023

Note

(front runner can go nearer 1266)

May 12, 2023

Note

Light re long appropriate