Considering the openness of the path of falling in the GBPUSD, as well as having a suitable level of supply for sale and the existence of liquidity before that, considering all these things, selling at the supply level can be attractive.
Note
The first reaction to the liquidity shown in the picture is to expect another bullish correction to reach the supply level and then a drop from it.
Note
Unfortunately, the order was not activated, so I will delete it
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.