GBPUSD Outlook

Updated

Imbalances from the swing low at 1.3431 have been mitigated for the most part leaving resting liquidity above the equal daily highs to be taken before a decisive move down towards the 2hr order block below the daily equal lows.

Therefore I am anticipating price to break the equal daily highs before a move down to sweep liquidity below equal daily lows.

Note

Keep an eye out for the daily order block between 1.352 and 1.36 as there is a possibility price will tap into this area before going up again.

Note

Areas of interest:

I would consider longs from the daily order block between 1.352 and 1.36.
Shorts would be considered above the equal daily highs.

Lower timeframes would be used to spot entry setups from these areas of interest.

accelebrid

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