GBPUSD: Navigating Potential Temporary Bullish Objectives

Long

Livre sterling / Dollar américain (OANDA:GBPUSD)

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OANDA:GBPUSD Livre sterling / Dollar américain

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Greetings Traders,

GBPUSD is currently exhibiting bearish institutional order flow from a long-term perspective. However, there's a temporary bullish momentum as price approaches the H1 bearish order block, aiming to fill the liquidity void and reach the mitigation block. From there, we anticipate a continuation of the bearish momentum towards the daily Fair Value Gap (FVG) in discounted prices.

Best Regards,
The_Architect

Commentaire:

Now that price has achieved those minor bullish objectives, it's time to shift our focus to bearish opportunities. Given the long-term bearish perspective on GBPUSD, we can start considering potential downward movements.

Refer:

GBPUSD: Continuing Bearish Institutional Order Flow!

Kind Regards,
The_Architect

Commentaire:

Greetings Trader!

What can we anticipate in terms of trading opportunities for the week ahead?

Refer:

May 12, DXY & GBPUSD: Trading Insights for the Week Ahead!

20:00

Happy Trading this Week!
The_Architect

The_Archi-tect

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