Good day traders, today we just confirming the weekly bias on GBPAUD(sell)
On the 4 hour TF we saw yesterday the market opened with a jump lower creating a volume imbalance which later we saw price revisiting those levels and for the most part of the day, price was trading around the VI and closed the day below the VI.
For today we expecting price to close the day lower meaning todays bias is bearish, we want to see it atleast before the end of this week for price to have taken last week Thursday's low.
On the 4 hour TF we saw yesterday the market opened with a jump lower creating a volume imbalance which later we saw price revisiting those levels and for the most part of the day, price was trading around the VI and closed the day below the VI.
For today we expecting price to close the day lower meaning todays bias is bearish, we want to see it atleast before the end of this week for price to have taken last week Thursday's low.
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Disclaimer
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.