'Bank move" going short on GBP/USD
Updated
This is a typical liquidity run move, produced by big banks, usually to collect all the buy orders and and trigger a few stop losses before making its move in the opposite direction. I call this move "the bank run".
Note
I will be taking this trade with 1% Risk shooting for 2:1 risk to reward. This is not financial advice and you should make your own trading decisions.
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