What's up traders! I've been watching and trading GBPUSD this past week with 3 successful trades clearing 150+ pips. We've been trading in a channel and we have once again reached the top of the channel so we will be looking for more shorts for this upcoming week. Here is what I'm currently looking at on the 1H for GU. Looking to see some price action to single the sale on Sunday evening or Monday morning. If we do see enough singles to signal a trade we will take the short for roughly 80 pips. This is not confirmed yet by any means! This is just something I will be looking for to set up.
