I am fundamentally and technically bearish on the Pound, and bullish on the U.S. Dollar, logically, I will seek to sell the GBP/USD at resistance. The market started out flat, and it looks to be opening at M3, well this would suggest that the target be set at M1. look for price to set up a 15 minute lower high at the M3 pivot resistance to take to m1.

2 thoughts on “Trading at Market Open Pivots”

  1. Daniel Chan - Forex.Today says:

    Nice to see you Laurence.

  2. Miles says:

    Hi Lawrence! I took the same shot at DM3 but GBPUSD jumped up at London open. USD is extremely weak. Still I have no idea why

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