2nd post gbp/usd update

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If the close of the 1hr bar at 12:00 pm est does not close above today’s high of 9974 on higher volume than the previous 1hr bar it will be time for an early exit and reassess the market.

If we do close above 9974 on strong volume we can stay in the trade and move our stop to break even at 9952.

If you are not long here an opportunity for you to do so will come on a close above 9974 with volume parameters being met.

You can then place your stop below 9952. Profit targets have already been mentioned in the prior post.

Cheers, Jerry