GBP/USD Weekly Analysis (ICT Perspective)
GBP/USD Weekly Analysis (ICT Perspective)
The recent price action on GBP/USD suggests a bullish move toward higher liquidity levels. The market has shown a strong reaction from the protected low area, confirming a potential shift in order flow.
Key observations:
🔹 Liquidity Grab: The recent sweep of lows indicates that smart money may have engineered liquidity before a reversal.
🔹 Bullish Structure: The price is now pushing higher, targeting the next levels of sell-side liquidity ($).
🔹 Premium vs. Discount: The price has moved away from the discount zone, seeking higher liquidity pools in a premium area.
🔹 Imbalance & FVG: Watch for any fair value gaps (FVG) on lower timeframes that could act as support during retracements.
📌 Potential Target Levels:
1️⃣ First liquidity zone around 1.26
2️⃣ Next major liquidity zone near 1.28
3️⃣ Higher timeframe target at 1.31
A clean break above recent highs could accelerate bullish momentum, confirming further upside liquidity hunts.
#ICT #SmartMoney #GBPUSD #Forex #Liquidity #FVG
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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.