Overview
The British Pound (GBP/USD) is currently trading around 1.2652, showing a bullish recovery after sweeping weekly sell-side liquidity. Price has reacted from a weekly fair value gap (W.FVG) / BISI and is approaching key resistance levels.
Key Levels & Liquidity Zones
📌 Weekly Sellside Liquidity: Taken, leading to a bullish reversal.
📌 Weekly Buy-side Sweep: Possible target around 1.2774 (50% retracement).
📌 W.FVG // BISI (Bullish Imbalance Sellside Inefficiency): Acting as support.
📌 W.FVG / SIBI (Sell-side Imbalance Buy-side Inefficiency): A potential rejection zone around 1.2774.
Technical Outlook
🔹 Bullish Reversal: The price has bounced from key liquidity zones, suggesting further upside.
🔹 Fair Value Gaps (FVGs): The market has filled some inefficiencies but still has upside targets.
🔹 Potential Scenarios:
A continuation towards 1.2774 (weekly resistance & FVG fill).
A possible rejection at that level before resuming the trend.
Trade Plan
✅ Bullish Bias: Looking for pullbacks into support (W.FVG) for long opportunities.
❌ Bearish Confirmation: Rejection from 1.2774 could signal a retracement.
📊 Risk Management: Stop-loss placement below recent structure lows.
🔥 Watch these liquidity sweeps and fair value gaps for potential trading opportunities!
📌 Like & Follow for more trade ideas! 🚀
The British Pound (GBP/USD) is currently trading around 1.2652, showing a bullish recovery after sweeping weekly sell-side liquidity. Price has reacted from a weekly fair value gap (W.FVG) / BISI and is approaching key resistance levels.
Key Levels & Liquidity Zones
📌 Weekly Sellside Liquidity: Taken, leading to a bullish reversal.
📌 Weekly Buy-side Sweep: Possible target around 1.2774 (50% retracement).
📌 W.FVG // BISI (Bullish Imbalance Sellside Inefficiency): Acting as support.
📌 W.FVG / SIBI (Sell-side Imbalance Buy-side Inefficiency): A potential rejection zone around 1.2774.
Technical Outlook
🔹 Bullish Reversal: The price has bounced from key liquidity zones, suggesting further upside.
🔹 Fair Value Gaps (FVGs): The market has filled some inefficiencies but still has upside targets.
🔹 Potential Scenarios:
A continuation towards 1.2774 (weekly resistance & FVG fill).
A possible rejection at that level before resuming the trend.
Trade Plan
✅ Bullish Bias: Looking for pullbacks into support (W.FVG) for long opportunities.
❌ Bearish Confirmation: Rejection from 1.2774 could signal a retracement.
📊 Risk Management: Stop-loss placement below recent structure lows.
🔥 Watch these liquidity sweeps and fair value gaps for potential trading opportunities!
📌 Like & Follow for more trade ideas! 🚀
İlgili yayınlar
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
İlgili yayınlar
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.