Cable has been bearish for a while specially since the Ukraine war started. We can see H4 price is at a bearish Order Block and the overall order flow is down making this a potentially good setup for a short position. Need to check for a clean entry on lower time frame. Price is close to ADR High so we could see it going up to that level before trending down.
Price is currently at ADR low. Expecting it to continue to the downside until it reaches the below H4 bullish OB. There is a support level at that OB which makes this a potentially strong setup for a long position.
EURGBP has been on a downtrend for a while now. There are ECB efforts to try reverse the economic slow down since April 2021 by pushing more lending to Euro area firms. COT is bullish on EURGBP this week.
We have double top confirmation on this H1. Expecting price to got short. EURGBP is Long this week on COT so we have to be careful as this trade could be a short-term setup. horizontal lines are S/R Levels.
Gold reached this bearish H1 OB and gave us a BOS to the downside. First BOS is risky as it could also be just a retracement.
There is also the above FVG risk. Move SL to BE and let's see how it plays out