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AlkalineFX
Feb 18, 2022 11:50 AM

GBPUSD: Range Ready To Blow 💣 Short

British Pound/U.S. DollarFXCM

Description

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What a boring week for GBPUSD. The price action within the range is suggesting price wants higher before we begin to see pullbacks to fill footprint imbalances.

As soon as we clear liquidity from this equal high, I will look for sells in the supply region.

Good luck traders! 🔥
Comments
JoeChampion
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i'm also GBP bearish, keep it up bro!
AlkalineFX
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@JoeChampion, Come one bro!
LighthouseCapital
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The market has to re-price. Expected movement to the upside around 2.1800, and market under stress back to the downside around 1.2200 to 1.1800.
AlkalineFX
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@LighthouseCapital, Interesting view, don't doubt this at all.
mngFX
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great analysis, your work is appreciated!
AlkalineFX
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@mngFX, I appreciate you!
LighthouseCapital
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Black Swan event
AlkalineFX
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@LighthouseCapital, Going to be a crazy week!
Ali_Wibowo
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agree with u
AlkalineFX
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@Ali_Wibowo, We got this man! Excited.
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