GBPUSD Possible Scenario

Brittiska pund/Amerikanska dollar (OANDA:GBPUSD)

Uppdaterad

OANDA:GBPUSD Brittiska pund/Amerikanska dollar

beyondta

We've been in a accumulation and we still bearish, because the last week the pair filled a 4h BPR+OB Inefficiency and made a Liquidity Sweep and did a rapid rejection to the down side breaking a FVG 4h and it could use it as a resistance and giving us possible shorts positions. I think this will be the panorama for this week, but I think that we will have a slower movement comparing it with EURUSD, because we have a Strong GBP using the EURGBP pair as confluence. Remember to look the News, wait for the Time And Price and DYOD.

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Like I stated in EURUSD that once it do the BB it will go straight down, but with less speed because EURGBP.

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Target 1 Reached

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Remember that we took the PWL and PML as Liquidity and we are in a Daily OB

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But we still Bearish because DXY.

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Target 2 Reached

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