WillSebastian

GBPUSD; Will It Break Out Of Its Range?

Long
FX:GBPUSD   British Pound / U.S. Dollar
Hey Traders,

The Bank Of England meets today at around 12:00 GMT.

This could be a decisive moment for GBP FX Pairs, as any hint of hawkish/dovishness can take it out of its range that we have seen since December.

Here's my Technical levels, as well as the fundamental side.
Comment:
Scaling in long (light pre news)
Comment:
Exit longs + 30 pips
Comment:
Re shorts applicable within range.
Comment:
Maintaining short bias PRE NFP news.
Comment:
Exit for gains, looking long.
Comment:
Same approach as EU.
Comment:
Light longs on W Support lower.
Comment:
Looking for light shorts @ PA levels approaching.
Comment:
Entered.

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