GBPUSD | Anticipating Buy sideGBPUSD has recently swept daily equal lows, collecting resting liquidity and tapping into a daily bullish order block. This confluence suggests the potential for a buyside reaction if price maintains structure above intraday support.
On the 1H timeframe, I’ll maintain a bullish bias as long as we do not close below 1.31230. A 1H close beneath this level would signal a failed bias and potential shift in order flow.
My expectation is for price to reprice toward equilibrium and eventually reach the 1.33000 region, aligning with prior inefficiency and liquidity resting above recent highs.
However, DXY behavior will be a key factor.
If DXY opens with a gap up and sustains bullish momentum into Monday’s close, this would likely reverse GBPUSD bias to the downside.
Otherwise, I’ll look for continued accumulation and a bullish continuation phase.
Trade Parameters:
Bias: Bullish (above 1.31230)
Invalidation: 1H candle close below 1.31230
Target Zones: 1.3190 → 1.3230 → 1.3300
Context: Daily liquidity sweep + OB reaction + potential market structure shift
