My two scents on GBPUSD

5 may 2023

Hella folks, sorry yesterday we didnt share a set up, as you all saw, the market was a bit consolidating, possibly waiting for the biggest news of the month, so to me it didnt have enough momentum for me to invest in some cash, none the less, the big day is here. and inline with our strategy, the market has swept liquidity to the upside , and thus we expect it to push to the downside, there are heavy news that may affect this bias but as mark daglous says, you dont need to know what will happen, and we are risk takers, so we are here to try. lets do this. you can target a 1 to 2 risk to reward depending on your risk management but you can also either decide to go big and target the next imbalance.