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GBPUSD

by Matthew B, July 29, 2021

GBP/USD H1 S&D

by Matthew Bond July 29, 2021

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GBP/USD

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Short

|

H1

Timeframe:

H1

Analysis Method:

SUPPLY ZONE/SELL

Analysis:

2.8 RR

Trade Plan:

NAKED TRADING SUPPLY/DEMAND ZONES

Risk Management:

0.25%

Things To Watch For:

POTENTIAL DEMAND AROUND 1.39116

LEAVE YOUR COMMENT HERE:

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  1. CLOSED EARLY AT JUST OVER +2R, GOT A DECENT REACTION FROM THE GOOD USD CONSUMER SENTIMENT RELEASE. BUT CLOSED INTO THE SECOND DEMAND ZONE. HAPPY TO TAKE THE PIPS RATHER THAN POTENTIALLY HOLDING THE TRADE OVER THE WEEKEND.

  2. HAD A GOOD REACTION FOR A SMALL DEMAND, LOOKING TO BREAK LOWER TO THE NEXT DEMAND ZONE. CURRENTLY +1R. USD CONSUMER SENTIMENT IN AROUND 45 MINS, COULD SEE SOME MOVEMENT.

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