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Jonathon_b
Apr 13, 2020 11:21 AM

Storms expected in the US and Covid-19 death toll passing 20,000 Long

GBP/USDOANDA

Description

The US is really seeing a hard time as they now expect storms. America becomes the first country to see more the 20,000 deaths with the death toll at the time of writing at 22,106.

Going into the US Session we could see the a repeat of the rally we saw in the London Session - reaching for todays high.

I am now waiting for more price action in the red highlighted area to take a long.

I will post my position once I have entered.

Comment

We are now seeing GBP retracing down to 1.25154. This has now given me confidence to say I can see GBPUSD continuing its rally up to 1.25394 and then onto 1.27388.
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