GBP/USD - Polar Opposite to EUR/USD

Since equilibrium was met on the 22nd April 2024, GBPUSD strength to the upside has been unmatched, especially when comparing it with EURUSD.

Although bullish at this moment in time, i am anticipating a short-term sell off into a discount array this week.

1.31578 - 1.32483 is the fair value i have in mind for this week
Note
-0.67% decline on the close of Wednesday with price action closing inside of the higher timeframe
snapshot
Candlestick AnalysisMultiple Time Frame Analysis

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