GBPUSD | NFP Week Tape Reading
GBPUSD weekly tape reading. Despite it being NFP week, which typical weekly profile is a "seek and destroy" scenario, GBP/USD displayed notably clean & tradable price action.
Look at my previous DXY analysis post for a better understanding.
• Bullish DXY = Bearish Foreign Currencies. (XXXUSD)
• Identify higher timeframe premium order block and SMT divergence with EURUSD.
• Identify ICT Market Maker Model. Smart Money Reversal @ HTF POI
• Monday - Tuesday hovering below HTF Premium Array, engineering liquidity.
• Wednesday - Rises into the HTF Premium Array during USD red folder news, forming high of week. TIME & PRICE!!!
https://www.tradingview.com/x/gnprkUTv/
• Sauce levels for extra confluence ;)
• ICT One-Shot One-Kill
Anticipate more pronounced and larger range price swings as we enter Late Q3 early Q4, traditionally regarded as a favorable period for currency trading.
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