Following price action. GBPUSD has been heavily bullish in the last month. This idea is to continue with current price action. I'm not seeing any significant structure broken to prompt seller taking over yet!
Here we can see price has left behind an inefficiency in the market...a big one at that (thanks CPI).
From here I'm looking to see GU carry on making new highs. ill be looking to buy from a heavily discounted area - shown in the chart.
Let me know your thoughts!
Here we can see price has left behind an inefficiency in the market...a big one at that (thanks CPI).
From here I'm looking to see GU carry on making new highs. ill be looking to buy from a heavily discounted area - shown in the chart.
Let me know your thoughts!
Note
DAILY:Note
M15:
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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.