TradingView
AlkalineFX
Jun 6, 2021 10:29 AM

GBPUSD - Volume Dense Short

British Pound/U.S. DollarFXCM

Description

Volume is building around this dense area in the market.

The recent strong bearish breakout would have triggered some sellers into the market, leaving liquidity resting above.

We can expect a significant pullback into the previous demand level before any signs of a sell-off.

If the price approaches the demand level but fail to reject, sells will be invalidated.
More