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Jimmy_Rebello
Jan 22, 2024 5:08 PM

GBP/USD - Liquidity Trap  

British Pound/U.S. DollarFXCM

Description

the price has started mitigating the unmitigated bearish order block from higher time frame
and
it will look like descending triangle pattern with equal lows and and descending price
it just liquidity pool
even if it get breakout still there is resistance at 1.2900 - 1.2950 - 1.3000

SUPPORT range between 1.2550 - 1.2500 but is weak
1.2300 and 1.2200 hold more potential to get buyer's order limits
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