A Few Thoughts on Upcoming London Session

This is a chart of the 1-Hour GBP/USD. The green box shows yesterday’s London session. The selloff from resistance managed to yield 63 pips. It seems likely momentum will continue and the trend line could break. If this happens, I’m looking for a move to 1.21200.

Probably won’t reach it until close of NY, though.

If you got something different, let’s hear it :sweat_smile: