The_Archi-tect

Unlocking Opportunity: GBPUSD NY Session Sell Setup Unveiled!

Short
The_Archi-tect Updated   
OANDA:GBPUSD   British Pound / U.S. Dollar
At present, GBP/USD is showing bearish momentum on the M15 timeframe. We anticipate that the price will target and fill the Daily Fair Value Gap (FVG), where sell stops are likely positioned. This is due to the smart money potentially using a retail pattern, such as the support zone, to engineer liquidity, which we expect the price to manipulate.

There are currently two key regions where price resistance may occur as it moves towards our sell-side objective: the bearish FVG and the bearish order block on the M15 timeframe. I am awaiting a confirmation entry signal that will indicate a push towards the downside.

For an in-depth understanding of my analysis on GBP/USD, please watch this video:

Happy Trading,
The_Architect

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