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Biaxar

GBPUSD sell setup

Short
British Pound / U.S. Dollar (FX:GBPUSD)  
Biaxar Updated   
FX:GBPUSD   British Pound / U.S. Dollar
Trend Analysis Supply and Demand
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trendanalysis supplyanddemand
GBPUSD created an up trend in a lower time frame but in daily & 4h time frames there is still a strong liquidity zone that should be touched
the trend in HTF is bullish but I think as long as it doesn't take the liquidity around 1.2435, I would rather avoid finding buy entires
Comment:
The first liquidity zone had a good reaction and made this liquidity area more attractive for the price!
in my opinion, It's going to touch the price again and then we can prepare for sell setups in potential reverse zones
it's related to how DXY is going to react, it's close to one of the HTF highs, so if the pound wants to take liquidity in 1.24377 before, we can prepare for short term buy setups
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