There is a low risk to reward ratio associated with this trade, and while everyone is expecting GBPUSD to break the low, it is showing no signs of exhaustion, as there was a doji candle formed on Friday. If it breaks the low of Friday, then the trade and the open is invalidated.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.