GBPUSD 26 08 2020

The US index is seeing selling pressure in tonight’s session I will wait for a small pull back on the GBPUSD to get in long, currenly I’m long AUDUSD from 0.7204 with a tight trailiing stop of the US index bounces off 93. GBPUSD is moving strongly and I will be watching this pair closely tonight for an entry, I’ve missed the initial entry and won’t chase it until the pair pull backs. To get into gold long I will need to see it break through 1945 other wise it is is a tight trading range and is not offering a high probability set up.


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By scott.andrews275

Scott Andrews is an Australian based trend and swing trader using the daily, 4 hour and 1 hour time frames. He has previously worked in China as a performance coach for their Winter Olympic Team and runs a YouTube channel as well as remotely trading for a London Prop Firm.

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