DWoodz

DWoodz

So as Im looking at and evaluating GBPUSD I notice that it has dropped down to a major area of support. This is a Supply and Demand area. Based off stats The british pound is a buy for this week so I'm looking for it to rise from here. Waiting till London session to see how it moves. If it provides clear indication I'm looking for it to make at least a 80-100 Pip...

DWoodz

So after evaluating GBPUSD I see it making its high for the week around the 1.285 area then making a nice drop somewhere around 170ish Pips. I'm going to wait it out and look for it to peak around Wed during London session to max out the move at the best position. Has a Strong supply and demand area it looks like the banks are looking to push up too before the...