GBPUSD Week May 18-22-2020
Next week's move,
Looks like GBPUSD could be moving lower next week
The play: On Sunday there could be a gap up, then moves up 20-30 pips then turns around downward around maybe London time. From there we could see a move downward for 2-3 days, if it does move downward we can see to catch maybe 100 pips for the move.
Play 2: Price moves lower from Sunday to Monday, then maybe from Monday New York it starts to make a move up until Tuesday to take it all the way down.
Looks like GBPUSD could be moving lower next week
The play: On Sunday there could be a gap up, then moves up 20-30 pips then turns around downward around maybe London time. From there we could see a move downward for 2-3 days, if it does move downward we can see to catch maybe 100 pips for the move.
Play 2: Price moves lower from Sunday to Monday, then maybe from Monday New York it starts to make a move up until Tuesday to take it all the way down.
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