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Hello traders welcome to a new trading day. We have a very active day when it comes to data so we must be alert to that. Traders yesterday plans seemed for the most part to work very well.

OK let us take a look at the currency of the day that is the GBPUSD- This is the 30 minute chart.l have say we are currently looking to take a trade as we are at resistance of the 200 ema and we have a bearish candle I am just waiting another hour to see how the Asia session unfolds with the minimal data. I would like to enter in the zone of price at 1.5195 and look to take our profit at 1.5135. There is a possible bounce at the S3 pivot I would keep an eye on that area. Looks like a very nice trade.

Thank you traders and talk soon…..William

FX Instructor Forex Blog – For Traders, By Traders

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