On the EUR/USD pair, we have observed the formation of new daily lows, indicating a bearish trend and establishing a bearish channel. Yesterday, I executed a sell trade on EUR/USD after the New York session attracted liquidity above a key liquidity level, which subsequently created a fair value gap. As the price moved towards this fair value gap, I entered a sell...
I am looking to take a buy position on GBP/USD, given the current market conditions. The price action has been drawing liquidity below the London open price, and on the 15-minute timeframe, a fair value gap has formed. The most recent candlestick closed below the London open price, indicating potential for a price rebound. I plan to enter a buy trade at the fair...
I anticipate a forthcoming retracement in the GBP/USD pair. To sustain the prevailing upward trend, it is imperative that we first test the fair value gap observed in the DXY index. This implies that the GBP/USD price should temporarily decline to this critical juncture before resuming a bullish trajectory
