Hello traders,
As we know UK on Brexit and today on special event for Interest Rate Decision is able to increase risk of fx trades.
This is why a trading plan should be made first before we entering the markets.
Today, GBPUSD can go anywhere. First strike will upward or downward.
So, I prefer to wait on each Resistance and Support, specially major Support at the bottom.
And also new position after price has confirmed breakout/breakdown (not displayed on image below).
The picture has thousands of words, and better than my words :)
Each position will take breakeven 25/2 pips for more feel safety ^^
Selling positions at Resistance :
Buying at major Support :
Btw, this is not a trade recommendation.
I mean you may take it as your review.
Good luck,
Yohana