July 15th – $GBPUSD indecision (again)

July 15th - $GBPUSD indecision (again)

Monday’s trade idea is based on $GBPUSD indecision as price approaches an area which has been previous support and also a supply / demand area. The Box will open a short or long trade based on which side of the box it emerges from. Based on the results from last week I have set a profit target of 50 pips, stop loss remains the far side of the box. MTBE after 30 pips.

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