British Pound / U.S. Dollar

Short

GBPUSD Order Book London Open

By CodeAndQuant

Updated

May see moves higher into 1.3330 and 1.3400 but the book looks offered with heavy stop losses at 1.31

Note

Stops at 1.3330 hit for a 1.3339 pin bar high

Will review at tomorrow's open

Note

Move into first target @ 1.3220 seen at the open

We still have stops at 1.3110 with bids ahead at 1.3170 and 1.3150 (current levels). Not much in the way of stops above 1.3240 so purely from an orderflow perspective odds are we go lower into 1.3100.

Trade closed: target reached

1.3113 bid seen. Close enough

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