Small trade in gbp/usd pair



After gbp/usd news time without big impact market started to slowly move up. So I figured maybe it's time for bounce because gbp was heavily sold all morning, it was especially weak in eur/gbp pair. That is more swing trading or position trading idea, but I use them very well for beginning of that move if there is any to take a scalp. Maybe it's just construction of my mind, but anyway what isn't. So I took scalp profit and got out when it approached middle of bollinger band and yesterdays support low that was taken out today, marked with blue trend line on 5min chart.
+11 pips, 0.9R, 0.75%




 

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