GBPUSD short
The setup is giving a beautiful opportunity for short for several reasons:
1. Price is currently respecting the 15 min Institutional Order Block (IOB).
2. It has rallied up in the past hours, providing a way for taking out stops.
3. This price range is a premium price for a sell.
4. Always take your sl into account. The analysis shows a descent option for sl.
1. Price is currently respecting the 15 min Institutional Order Block (IOB).
2. It has rallied up in the past hours, providing a way for taking out stops.
3. This price range is a premium price for a sell.
4. Always take your sl into account. The analysis shows a descent option for sl.
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.