GBP/USD Monday and Tuesday Intraday Plan
Good morning!
I stand by my range call previously made- however, the range is now 1.21-1.2270.
I expect an inside week, until NFP where direction will be chosen.
Monday I expect a tight range, with a news heavy week- scalps around 30 pip take profit level only.
Tuesday I expect Last weeks high area to be tested- there's also a high volume node around 1.2240 to watch. After that, sells throughout the day.
Care must be taken with confirmations and trading your chosen intraday model/setup.
Invalidating this idea would be a clear break above Last weeks high (not just a stop hunt).
Good luck- trade carefully given the news heavy week
I stand by my range call previously made- however, the range is now 1.21-1.2270.
I expect an inside week, until NFP where direction will be chosen.
Monday I expect a tight range, with a news heavy week- scalps around 30 pip take profit level only.
Tuesday I expect Last weeks high area to be tested- there's also a high volume node around 1.2240 to watch. After that, sells throughout the day.
Care must be taken with confirmations and trading your chosen intraday model/setup.
Invalidating this idea would be a clear break above Last weeks high (not just a stop hunt).
Good luck- trade carefully given the news heavy week