GBP coming down on Tuesday from an .43 pip high...
Ideally I would like GBP to make it's way down into the 3-day lows by the time US markets open....
around these levels here @ 1.9815 there could be some support until UK opens....
Partial exit around here and run breakeven stops above highs 1.9667...
Entry short 1.9655
Partial exit 19824.. (stop 1.9667)
Looking for move to 1.9778...
If GBP is going to head down into the Weekly 50% level, I would think it would occur during US trading hours in about 10 hours time
GBP has reversed upwards and moving towards another 43 pip high @ 1.98545...
If GBP is going to move down on Tuesday it should reverse back down from this level, and if trading below 1.9823 I would look for a continuation down on Tuesday... (1.9778-)
Above 1.98545 probable move towards Tuesday's high..
Note: - covered open short postion on system long trigger @ 1.9845 (neutral positions)
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