Part 1 – Previous Session Review

Yesterday’s trading was clean and limited. We took one position in BTCUSD, finished with one win, no losses, and booked 244.3 net pips. That is a strong result, but the important point is that the session did not require overtrading.

BTC held enough directional follow-through to reward patience, while broader market conditions still looked uneven. After a move like that, the priority is not to chase the next impulse blindly. The better approach is to protect gains, wait for fresh confirmation, and avoid increasing size simply because the last trade worked.

Part 2 – Today’s Outlook & Watchlist

Today’s calendar is more macro-driven, with two events that can create sharp repricing in currency markets. At 10:00 UTC, BOE Governor Bailey speaks, putting sterling pairs in focus. Later, at 21:30 UTC, Australia releases GDP q/q, which should matter for AUD sentiment into the Asia session.

GBPUSD is the first asset on the watchlist. Bailey’s tone on inflation, wages, and rate timing could move the pair quickly, especially if his comments challenge current market expectations. We prefer to let the first reaction settle before looking for structure, rather than trading the headline spike.

AUDUSD is the second key asset. The GDP print can influence expectations around the RBA path, particularly if growth comes in clearly above or below forecast. A stronger number may support AUD on dips, while a weak reading could pressure rallies. Liquidity around the release may be thinner, so position size and stop placement need to be treated carefully.

Overall, the plan is selective execution: respect the news windows, avoid emotional entries after yesterday’s BTC win, and focus only where volatility lines up with clean technical levels.