GBPUSD cleared last week’s high and is now dropping. Yesterday’s daily candle was strongly bearish, and we still have a clean swing low around 1.3200 to target.
Before London, I’m expecting a push upward into my POI . If I get a sharp rejection and lower-timeframe shift there, I’ll look for shorts toward 1.3200.
Structure isn’t printing new highs, liquidity below is clean, and IN D1 the reaction from the 50 EMA is strong — overall, a solid short setup if price taps the POI.
setup quality : ⭐⭐⭐⭐⭐
Before London, I’m expecting a push upward into my POI . If I get a sharp rejection and lower-timeframe shift there, I’ll look for shorts toward 1.3200.
Structure isn’t printing new highs, liquidity below is clean, and IN D1 the reaction from the 50 EMA is strong — overall, a solid short setup if price taps the POI.
setup quality : ⭐⭐⭐⭐⭐
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.