Just FYI i entered my last trade too early. Ill make sure all the signals align next time. I took my losses and kept it moving.
GBP/USD Analysis – Institutional Liquidity & Price Action Setup
Over the past few weeks, GBP/USD has been in a steady uptrend, posting higher highs and higher lows. However, 1.34234 remains a critical resistance level, and price is showing signs of absorption, suggesting institutions may be stepping in.
Technical Overview
Recent Highs & Lows: Price peaked at 1.34234, with recent support around 1.33750.
Momentum Indicators: The daily RSI remains elevated near 67.8, signaling strong buying interest, but MACD and stochastic fast readings indicate fluctuations.
ADX Strength: The 30-minute ADX at 72.4 confirms trend strength, but a fading Aroon Oscillator hints that past bullish waves might be losing steam.
Price Action Insights
Higher Highs Forming: The past few days show price continuously pushing up, but rejection wicks near 1.33895–1.34234 suggest sell-side pressure building.
Potential Lower High Formation: If institutions are absorbing liquidity here, they could be preparing to push price down—meaning a short trade setup is forming.
Key Levels to Watch: A break below 1.33750 would confirm bearish momentum, while a clean move above 1.34234 with volume would signal continuation.
Volume Profile & Institutional Activity
Liquidity Absorption at Resistance: Institutions may be letting retail traders push price up while absorbing their buy orders. If volume clusters at the highs without a breakout, this suggests a reversal could be incoming.
Delta Imbalance Considerations: Watching order flow, if sell-side aggression picks up near resistance, it strengthens the bearish case.
Volume Spikes & Clustered Activity: If liquidity at 1.33895–1.34234 shows tapering buy-side volume without a breakout, institutions may be trapping longs before driving price down.
Trade Plan
Given all of this data, my best entry setup is a sell near 1.33895–1.34234, waiting for confirmation:
Hourly Rejection Candles: A long upper wick or bearish engulfing candle near resistance would confirm sellers stepping in.
Target: A downside move toward 1.33200, where prior liquidity sits, would be a strong take-profit zone.
On the flip side, if price breaks above 1.34234 with strong bullish volume, I’ll reassess and look for a buy on a retest, confirming institutional accumulation.
This analysis helps me stay disciplined, tracking institutional positioning and liquidity traps rather than chasing impulsive moves. For now, I’m watching hourly candles and volume behavior at resistance before executing my next trade.
GBP/USD Analysis – Institutional Liquidity & Price Action Setup
Over the past few weeks, GBP/USD has been in a steady uptrend, posting higher highs and higher lows. However, 1.34234 remains a critical resistance level, and price is showing signs of absorption, suggesting institutions may be stepping in.
Technical Overview
Recent Highs & Lows: Price peaked at 1.34234, with recent support around 1.33750.
Momentum Indicators: The daily RSI remains elevated near 67.8, signaling strong buying interest, but MACD and stochastic fast readings indicate fluctuations.
ADX Strength: The 30-minute ADX at 72.4 confirms trend strength, but a fading Aroon Oscillator hints that past bullish waves might be losing steam.
Price Action Insights
Higher Highs Forming: The past few days show price continuously pushing up, but rejection wicks near 1.33895–1.34234 suggest sell-side pressure building.
Potential Lower High Formation: If institutions are absorbing liquidity here, they could be preparing to push price down—meaning a short trade setup is forming.
Key Levels to Watch: A break below 1.33750 would confirm bearish momentum, while a clean move above 1.34234 with volume would signal continuation.
Volume Profile & Institutional Activity
Liquidity Absorption at Resistance: Institutions may be letting retail traders push price up while absorbing their buy orders. If volume clusters at the highs without a breakout, this suggests a reversal could be incoming.
Delta Imbalance Considerations: Watching order flow, if sell-side aggression picks up near resistance, it strengthens the bearish case.
Volume Spikes & Clustered Activity: If liquidity at 1.33895–1.34234 shows tapering buy-side volume without a breakout, institutions may be trapping longs before driving price down.
Trade Plan
Given all of this data, my best entry setup is a sell near 1.33895–1.34234, waiting for confirmation:
Hourly Rejection Candles: A long upper wick or bearish engulfing candle near resistance would confirm sellers stepping in.
Target: A downside move toward 1.33200, where prior liquidity sits, would be a strong take-profit zone.
On the flip side, if price breaks above 1.34234 with strong bullish volume, I’ll reassess and look for a buy on a retest, confirming institutional accumulation.
This analysis helps me stay disciplined, tracking institutional positioning and liquidity traps rather than chasing impulsive moves. For now, I’m watching hourly candles and volume behavior at resistance before executing my next trade.
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.
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.