The dollar has been stronger than the pound lately leading to price going lower. The weekly low was broken yesterday after we saw a bearish move in almost all sessions. There was a daily fvg that price respected and broke structure to the downside. Price is at the same area and there is a 4hr sibi left yesterday. Anticipating price to fill it and trade lower.
Price is also in the premium adding confluence.
NB: a couple of news incoming.
Risk management is king.
Price is also in the premium adding confluence.
NB: a couple of news incoming.
Risk management is king.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.