Great moves on GBPUSD. Price dropped down like expected. This is the power of Supply Demand. Cheers my friends.
What now? My bias for GU is still short. We moved down from a h4 Supply Zone and we are right now at a h4 Demand Zone. From here we can expect both scenarios. If we do not have enough liquidity in the market price will push up to grab some more from the Supply Zone. Otherwise we will see a break of the Demand Zone.
Recommendation Watch the market and enter at a valid Price Action Confirmation. I do not recommend to buy it. I would only consider to short it. If price will push higher I am happy because we have the opportunity for a bigger short trade.
That was my Idea and I hope you liked it. Please leave a LIKE if you like the content. In the comment section you can share your view and ask questions.
Kind regards
Neil