GBPUSD 11/05/2022

🎯GBP is in the quite tight range since the beginning of the week, today is inflation data for US Dollar so I expect big volatility. I think that June low will be take out. So if price drops first there, I would take a long trade with target to the high of the week. If price first visit the High of the week and make false break to the HTF FVG, than short with target to this June low. It will be interesting to watch what's gonna happen. I would not be surprised if it will be cleared up and down. Im taking my daughter to the zoo today, so not trading. Only highlighted levels where I would trade.

Wish you a good hunt !!

Dave-FX-Hunter ⚔

✅ PS: I will be glad if you as well share your thoughts with charts about this pair.


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❗❗ This is Pre-plan
That means my view can change, depending on how the price will arrive at the level and what will be happening on the M30 in my level of interest for entry. Then I will decide if I will enter or not. So please don't just blindly follow this. The FX market is a quickly changing environment and it requires full focus on the levels for the precise entry with low risk.

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