By combining Wyckoff and smart money concept where by it works on any types of time frame, this is the daily chart of gbpusd. Most probably it'll drop till the next order block. I'm still in a process of learning more in detail for smart money concept and Wyckoff, doing well so far, hope to gain support from experience traders here. Do drop some comments will be...
maybe or maybe not? There might be a wyckoff distribution on GBPUSD happening. There are some area of imbalance needed to be cleared
There might be a Wyckoff happening on the daily chart of EurGbp and would crash to below 1-2weeks later. as it was on a weekly high and there were imbalanced below that needs to be filled. There is indication of LL in the market.
Just a quick analysis, not a trade signal. Trade on your own risk. There might be a drop on CAD as the pair is weak after the news release. There is a possibility that it could break the support and grab some liquidity down below before going back up.