$GBPUSD - And we're back!

10 במרץ 2023

GBPUSD is back at the top end of the channel.

Price broke out of consolidation from $1.1940 during the London session and continued to climb for the highs after NFP.

Use upbars to scale out of long positions as there will always be new late FOMO buyers ready and willing to buy a high.

There is a short-term sell setup up forming around the $1.21 - $1.2150 area.

The daily R3 has also hit.

Plan. Execute. Next.

Trade Less. Make More.