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GBPUSD — Intraday Long

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Interesting setup on GBPUSD. Yes, it’s Friday, but I think there’s still a trade here.

We got a good volume spike on the buy side, which gives us a fairly tight stop below the low of that volume zone.

Right now GBPUSD is trying to get through the blue daily diagonal. I want to see price hold above it first. If it does, the next level is the turquoise weekly resistance.

From there, I’m looking for a move higher toward the upper level around 1.3390.

I think the buy volume that came in here could be enough for another 50–60 pips higher despite it being Friday.

Tools I’m using on this chart: Magic Diagonals and Volume Spike Levels — both are available in my profile.
手動でトレードを終了しました
volume worked out, price reached first resistance and I prefer to close the trade here

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