GBPUSD trade 22/04/2021

Updated
Today's trade on the pound was based on a short daily bias. Asian Session saw price moving towards yesterday's high. A short position was taken during London Session considering 1) a 70% retracement on the typical protraction that occurs when London opens 2) that we were touching once again the upper liquidity base after yesterday's liquidity purge on 1.39.


Trade closed: target reached
As noted.
FractalSupply and DemandSupport and Resistance

Disclaimer