good spot for buyers

FX:GBPUSD   British Pound / U.S. Dollar
Morning guys...

ahead of Hammond on the mic this Wednesday with the UK budget this is a great spot for buyers to come in. This is a very attractive level to get long, there is nothing from the fed this week so despite the huge repricing we saw over the past week with the probability of a hike edging on 80% we still saw the dollar close last week to the downside.

in the telegram group we got a good spot on usdjpy , this dollar weakness for the remainder of the week coincides well with the gbpusd long.

best of luck and please remember to give this idea a thumbs up if it's helped!

Mar 13
Comment: London open will be exciting
Mar 15
Comment: 1.30 is the play
Mar 16
Comment: Going to be a fast leg
Mar 21
Comment: very well done to those holding
Mar 27
Comment: thanks for playing bears
Apr 18
Comment: and there we have it, very impressive bulls
Apr 18
Comment: 1.270x taken in a clean sweep as expected.. next stop 1.30x
Apr 18
Comment: second target closed to the tick, leaving some on the table for final 1.30x
Apr 18
Comment: final sweep taking the 1.29x (2nd target).. all that is left is 1.30x which I am leaving a few on for...
Congratulations to all those who took this trade, it was not the easiest of rides... plenty of chop and shake, we got there in the end. Enjoy.
Apr 18
Trade closed: target reached


good idea
+1 Reply
TheBanker, thanks mate, best of luck
yeah - great trade
@DocT, On the paper yes. Most got stoped out i believe. Including the banker's stop (213).
yuppp, i thought it go down on pm rumors, but the dip was bought immediately .

nice work, BANKER and keep us updated on ur fantastic telegram channel
Up the hill before article 50. Beautiful work bud
I am still out, the move is reaction to the FED, and the Brexit tug of war is still there.
getting pounded atm - any rethink on this long? or just yen pair doing its rattle and shake? fyi long from 1.2230
Gino clt
@clt, Yes the Pound is getting pounded. I got out yesterday shortly after entering, didn't like what I was seeing. Ploting my re entry long.
clt Gino
@Gino, i guess its the brexit vote today thats causing this dump .. im hunkering down for the time being . if it breaks 1.21 ill bail
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