GBPUSD: Daily Update (31/12/21)
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Good morning traders!
GBPUSD has been trading sideways over the Asian session. It has just swept the Asia low, I now expect the price to sweep the Asia high before we pull back into some key levels of buying demand.
We created some minor equal lows on the way up that I expect will be taken if bulls want to continue.
I will give you updates shortly on how I plan to approach trading today depending on price action.
Please be careful trading today, it is the last day of the year. Month-end flows usually call for some strong moves due to portfolio rebalancing by investors.
GBPUSD has been trading sideways over the Asian session. It has just swept the Asia low, I now expect the price to sweep the Asia high before we pull back into some key levels of buying demand.
We created some minor equal lows on the way up that I expect will be taken if bulls want to continue.
I will give you updates shortly on how I plan to approach trading today depending on price action.
Please be careful trading today, it is the last day of the year. Month-end flows usually call for some strong moves due to portfolio rebalancing by investors.
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