GBPUSD Outlook 5/14
Updated
In line with ideas for the DXY and EURUSD, I am seeing possible strength against the dollar into next week. price is bullish on the smaller timeframes after trading into a discounted orderblock from years ago. Expect at least short term mitigations away from this area which should provide buying opportunities during the week.
Plenty of imbalances and liquidity targets above. Will be monitoring intra-day price action and executing trades during NY session. Preference is for the long side.
Plenty of imbalances and liquidity targets above. Will be monitoring intra-day price action and executing trades during NY session. Preference is for the long side.
Note
Trade idea
Note
Trade active
Trade closed: stop reached
Note
Missed trade. Pay attention to structure at NY open.
Let the algo show you its hand.
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