GBPUSD - SELL

9 May 2024

• Biggest mover on last
  
• BOE Int Rate Decision
  
  
• Traders are not as far way from Short Target as Long but this is where their Stops are when Trades where initiated I would say
  
  
• Been heading down since halfway through Monday.
  
  
• They get in and out at Consolidation Areas trying to make best decision.
  
  
• Last time rate remained the the same previous pattern shows headed down tends to be correct quite often.
  
  
• Still 2:40 minutes to go