Missed the GBPUSD move this week

Si I missed the GBPUSD move today,didn’t hit the trading plan/system.don’t think it will hit it today.
My FOMO is creeping up.
I set my alerts in TradingView and trying to walk away.
What else can I do?

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Its very probable there will be either a rumour or actual news of some sort of Brexit deal between the UK and the EU this week. This will be very bullish for the GBP and bullish for the EUR. The GBP response could easily be a spike that quickly falls back, so there is an argument for taking quick profits on the morning/afternoon of whichever day.

The GBP might actually range after that until the new year as the practicalities, logistical issues and legal / political implications of the deal are pored over, and actual post-Brexit trade under the new deal starts on 01/01.

Today is only GBP :grinning:


I concur…

I fully expect the UK-EU deal to be little more than a fudge to avoid either party looking bad, but not great for the UK. Probably plenty of fine detail to be further raked over well into 2021, which could have the effect of suppressing strong trends in both the GBP and the EUR until at least mid-year.