A possible area to short GBPUSD

We see a possible area of supply, starting around 1.36258. Notably there may be imbalance and a lack of buyers just below this zone (highlighted yellow). Often this imbalance is a source of liquidity. A great way to spot this is to use Volume profile!

I do not currently have limits set, I have set an alert and will look to enter this position on 1 - 5 minute timeframes, IF I see a good setup.

Not financial advice, don't blindly follow signals.

Yorum:

This one left without me. The zone is still valid, I'll reassess when price returns