GBPUSD: Shift to Bullish Order Flow (CPI High Impact News)

GBPUSD has recently shifted to a bullish institutional order flow, prompting us to identify key areas of interest conducive to the bullish bias. Currently, we're observing a mitigation block situated at premium prices, serving as an initial entry point for our bullish trajectory. Alternatively, should the premium point not materialize, we await a dip into the discount sell stops, offering viable buying opportunities post-confirmation.

This bullish sentiment is reinforced by a low resistance liquidity zone, strategically positioning us to capitalize on favorable trading conditions. By aligning our strategies with areas of low resistance, we enhance our chances of success in navigating the market dynamics.

Today, we're also expecting the CPI News release, which may inject high volatility into the market, potentially favoring bullish movements. Stay tuned for updates.

Please watch my GBPUSD analysis from long-term to short-term below.

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Kind Regards,
The_Architect

Transaction en cours:

Confirmation: Market Structure Shift & Order Block Entry on the m15
Target: 4R
SL: At the extreme low.
Comment: If price does not continue its bullish narrative and SL gets hit I will be looking to take a confirmation entry on the H1 bullish order block below the sl.

Refer:

Kind Regards,
The_Architect

Trade fermée: ordre d’arrêt atteint:

Lets see if GBPUSD reaches into the discount prices where we can potentially look to take buys upon confirmation.