TimStuyts
Long

GBPUSD little lower then higher with FOMC

FX:GBPUSD   British Pound/U.S. Dollar
480 2 14
I believe that the correction on the daily time frame for GBPUSD             isn't over yet. I will therefore be looking for a spike or move lower for GBPUSD             first and then buy the reversal. If we don't see that happen I simply let it go and wait for the next high probability trade set-up. Selling out of this zone is just too risky for me and structure suggests a reversal to be next.

4hr timeframe
snapshot


updates will follow
I totally agree ;) at least we will see 1,32500 .. and who knows maybe 1,34 :D
+1 Reply
nice one
+1 Reply
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