Ieios

GBPUSD Intradday recovery

Short
Ieios Updated   
FOREXCOM:GBPUSD   British Pound / U.S. Dollar
📉📉GBPUSD

In light of that Intraday view, I have my eyes still on the short-go GBPUSD as it tries to recover from its loss due to fundamentals.
From the current intraday consolidation buzz, I'm looking for Price breaking below the 1.2055 level with a good close, If we get this, There will be a pullback during the NYC session, from where We can short for around 150 pips from 1.2080 down to 1.1910, I'll be going with 20Pips SL for this.

I'll update here if any change
Comment:
Now that price has close well below the 1.2055 level on intraday view, we would look for the best supply that can push this price down. I am opening to limit orders
1.@1.2065
2.@1.2085
for a maxSL of 1.2110
Remember to Risk According to your Plan

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.