Sterling pairs are generally setting up for an impulsive move prior to the BoE Interest rate decision meeting next Thursday. The market is pricing a rate cut but if it is to remain unchanged we would see a decent rally to the upside in all GBP pairs. Take in consideration that price might sink sharply before this or do nothing at all. so a decent SL that fits your trading account is essential to be adjusted.
Follow for more good R/R opportunities. #AHMEDMESBAH
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