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British Pound / U.S. Dollar
May 11, 2022
GBPUSD: Pick Your Side 🚨
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Price continues to travel within a tight range.
The market makers have done a great job of setting up liquidity to be hunted during the US CPI data at 13:30 PM (GMT+1) today.
Both the supply and demand zones we have been working with over the last few days have become weaker and weaker.
The question is what side will go first?
We will need to study the London session to get a clear picture of where price is likely to travel during the news event - React don't predict.
What do you guys think? Let me know in the comment section below.
💬
AlkalineFX
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GBPUSD: Supply Gap (FVG) 💣
by AlkalineFX
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