GBPUSD - Analysis and Potential Setups (Intraday- 10.02.25)

10 Şub

Overall Trend & Context:
The GBPUSD pair is in an overall downtrend on the higher time frames and lower time frames are in alignment.

Technical Findings:
Price broke below all EMA's - is now consolidating below.
Keep an eye on LTF supply levels between 1.24635 - 1.24530 (within 4h supply).
Bullish price action appears inherently weaker against the bears.

Potential Scenarios:
For now I will only be considering shorts.
Trade is active at 1.24150.

10 Şub

İşlem aktif

LTF price action has not given confirmation yet. 1h rejection looks good, divergence on the RSI (was worth executing based on LTF suggestions and HTF trend)

10 Şub

Not

LTF internal structure failed to the downside.
Price is at extreme LTF demand - Trade is at BE now, all is well.

17 Şub

Emir iptal

Stopped at BE