flapitheking

GBPUSD Long. Daily Bullish OB x BPR

Long
FOREXCOM:GBPUSD   Livre sterling / Dollar américain
First of all, there's an obvious SMT divergence between DXY, EU, GU where EU is really weak and there's relative strength supporting GU. I was looking for a return to the daily bullish ob and a BPR on the 1H TF. With relatively strength supporting GU, I wanted London's high gone and the fact that it just rested below an institutional level (1.36200) was icing on the cake. Seeing the drop into OTE between yesterdays NY low and Todays London high made the cake red velvet flavoured lol. London High gone, hence bsl taken and smart money wins once again.

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