British Pound / U.S. Dollar
Long
Updated

GBPUSD; Will It Break Out Of Its Range?

328
Hey Traders,

The Bank Of England meets today at around 12:00 GMT.

This could be a decisive moment for GBP FX Pairs, as any hint of hawkish/dovishness can take it out of its range that we have seen since December.

Here's my Technical levels, as well as the fundamental side.
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Scaling in long (light pre news)
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Exit longs + 30 pips
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Re shorts applicable within range.
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Maintaining short bias PRE NFP news.
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Exit for gains, looking long.
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Same approach as EU.
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Light longs on W Support lower.
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Looking for light shorts @ PA levels approaching.
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Entered.

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