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CableTraders
Dec 13, 2020 12:46 PM

GBPUSD Intraday idea Short

British Pound/U.S. DollarFXCM

Description

I expect a gap up when the market rolls over tonight after Brexit talks have been extended. However I am not expecting the news to be positive enough to break out of the 1.34 -1.31 range and will be watching PA around the highlighted areas. Significant supply zones exist around 1.34 and 1.35 highlighted, so I will be looking out for sell opportunities at these levels, targeting around 1.31 when bulls may want to regain control
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