GBPUSD Short
This setup is made up of two analysis, the first is on the Asian Session, then the later part is on the London session going to US session.
We can expect price to hover on the Institutional Order Block (IOB) area, and wait for the BoE result, this is a good price driver for us to take profit.
I see a short in this setup, if price will respect the IOB. A short burst of stop hunt could on the stops above could also happen, especially of the BoE interest decision.
A descent successful entry can then be made. Just refer to the chart for the Stop Loss and potential Take Profit.
Again, pls exercise extreme care in making entries, a good trader is a good winner.
We can expect price to hover on the Institutional Order Block (IOB) area, and wait for the BoE result, this is a good price driver for us to take profit.
I see a short in this setup, if price will respect the IOB. A short burst of stop hunt could on the stops above could also happen, especially of the BoE interest decision.
A descent successful entry can then be made. Just refer to the chart for the Stop Loss and potential Take Profit.
Again, pls exercise extreme care in making entries, a good trader is a good winner.
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