GBP/USD - 1H Forecast - YoYo Trade Setups🇬🇧🇺🇸 GBP/USD – 1H Breakdown
Cable’s been wildin’ 🤯 — we smashed into that daily imbalance, tapped supply, and now price is bleeding lower straight into demand.
🔑 What’s Cooking:
Price tagged the Daily IMB + 71% retrace, then dumped.
Now chilling near demand around 1.345 – 1.348 (possible snack stop 🍫).
If bulls defend here → we get a bounce back toward 1.357 – 1.360 supply for a cheeky liquidity grab 🏹.
From there? Expect a heavy distribution dump back toward 1.3350 lows 📉
🎯 Playbook:
Demand bounce → push into 1H / 4H supply.
Reject at supply → sell-off continuation.
🔍 Outlook
Short-term: Relief bounce incoming 🕺
Mid-term: Looking heavy, bears wanna drag this lower.
Bias : Bounce first → then bigger dump 🚀🔪
