British Pound / U.S. DollarUpdated GBPUSD (Long straddle)
Expecting high volatility to continue till the end of September, possibly November.
Likelihood price breaking above 1.2353: >80% (Previous week's hammer candlestick for extra mechanical confirmation)
Likelihood of scenario 1: 42%
Risk/reward: 1:14
Likelihood of scenario 2: ~65%
Risk/reward: 1:10
Likelihood price breaking above 1.2353: >80% (Previous week's hammer candlestick for extra mechanical confirmation)
Likelihood of scenario 1: 42%
Risk/reward: 1:14
Likelihood of scenario 2: ~65%
Risk/reward: 1:10
Trade closed: target reached
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