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Emirah
Aug 23, 2023 8:59 AM

GBPUSD - Buy option Long

British Pound/U.S. DollarFXCM

Description

I think we should begin to search for upward opportunities, the lows were taken from previous asian sessions, bankers now want to collect all the liquidity towards the upside. Be on the side of the bankers, and enter for buys.

Market may want to collect some liquidity lower, so look out for that before entering for buys.
Comments
ibrar550
wouldn't go for buy just yet news was very bearish for Europe and gbp
Emirah
@ibrar550, Yeah agreed, I'm currently in a sell, but its not gonna last long, so I am sharing that we should start looking for buy options. I did mention the caveat before looking for buys in the description. ;)
ibrar550
@Emirah can see 1.25 if US news in afternoon is bullish
Emirah
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