Fading the spike in GBP/USD, Gutsy trade. Who is with me?

2023년 11월 14일

Greetings Tradingview community and fellow traders!

So, GBP/USD traders especially those who are short got a nasty shock today.
CPI data from the US propelled GBPUSD straight to the stratosphere.

But, things are slowing down a bit now. Based on the Price action in the 15-minute
timeframe, bulls are exhausted now.

So, this gives us a sell opportunity, right? Well, this is a risky trade so be careful
before following me.

My entry : Sold GBPUSD@1.2470
TP: 1.23
No SL yet as I do not want to get stop hunted but if price moves beyond 1.25, alarm
bells will start ringing in my ears