GBPUSD Possible Scenario

4. Sept. 2023

We've been in a accumulation and we still bearish, because the last week the pair filled a 4h BPR+OB Inefficiency and made a Liquidity Sweep and did a rapid rejection to the down side breaking a FVG 4h and it could use it as a resistance and giving us possible shorts positions. I think this will be the panorama for this week, but I think that we will have a slower movement comparing it with EURUSD, because we have a Strong GBP using the EURGBP pair as confluence. Remember to look the News, wait for the Time And Price and DYOD.

5. Sept. 2023

Anmerkung

Like I stated in EURUSD that once it do the BB it will go straight down, but with less speed because EURGBP.

5. Sept. 2023

Anmerkung

Target 1 Reached

5. Sept. 2023

Anmerkung

Remember that we took the PWL and PML as Liquidity and we are in a Daily OB

5. Sept. 2023

Anmerkung

But we still Bearish because DXY.

6. Sept. 2023

Anmerkung

Target 2 Reached