EURGBP LOOKS ON WEEKLY TF

16 Tem 2023

📌STRUCTURE: External Structure is Bullish. Meanwhile, we just broke a low in internal structure. This break swept that low (SSL) into an OB.
📌 LIQ and POI: Price has partly mitigated the OB while clearing the SSL.
Thus, the cause for a bullish reaction in previous week.
It's unlikely that price wouldn't retrace deeper into it to mitigate it more properly.