GBPUSD Long
Updated
DXY still very weak. Everyone expects it to recover higher.
Approaching GBPUSD 200 day moving average on daily which retail will short. GDP data released tomorrow which may be better than the BOE had led to believe.
Lots of liquidity built up above with everyone claiming a double top is playing out.
TP1 buy side liquidity. Letting some run if plays out towards 1.266 daily FVG fill
Approaching GBPUSD 200 day moving average on daily which retail will short. GDP data released tomorrow which may be better than the BOE had led to believe.
Lots of liquidity built up above with everyone claiming a double top is playing out.
TP1 buy side liquidity. Letting some run if plays out towards 1.266 daily FVG fill
Note
Trade re-entered on OTE as just stopped out. 200 pips and running
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