GBP/USD Longs from 1.22400 to fill market gap

I expect GBP/USD to start the week with a bullish move, as price has gapped down significantly, altering my initial perspective from Sunday. This gap has also led to a break of structure to the downside.

Looking at the current price action, I’ve identified a clean 3-hour demand zone nearby. Price has already shown an initial bullish reaction from this level, but if it fails to hold, there is a deeper 4-hour demand zone where we could also expect a reaction.

Confluences for GU Buys:

- The price gap has left a significant imbalance that needs to be filled.

- Price is currently in a 3-hour demand zone that previously caused a Break of Structure (BOS),
making it a valid POI.

- There is a large pool of liquidity to the upside that needs to be taken.

- The setup aligns well with the DXY correlation.

Note: If price reacts as expected, I will look for potential shorting opportunities around the 1.2400 region, where a 2-hour supply zone is located.

Have a great trading week ahead, everyone!