GBP/USD has broken below the recent range low near 1.3380, confirming a potential shift in structure. This move comes after multiple failed attempts to sustain above the Point of Control (POC) at 1.3415, where high volume previously suggested heavy positioning.
The volume profile reveals a low-volume node just below the current price, which may accelerate price movement toward the next significant high-volume support zone around 1.3319.
🔹 Bias: Bearish
🔹 Entry Confirmation: Break and close below 1.3380
🔹 Target: 1.3319
🔹 Stop Loss: Above 1.3415 (POC & resistance zone)
This setup aligns with a rejection from value area highs and a breakdown into thin liquidity zones. I’ll be watching for volume confirmation and price behavior at lower levels for continuation or reversal clues.
🧠 Plan your trade, trade your plan.
The volume profile reveals a low-volume node just below the current price, which may accelerate price movement toward the next significant high-volume support zone around 1.3319.
🔹 Bias: Bearish
🔹 Entry Confirmation: Break and close below 1.3380
🔹 Target: 1.3319
🔹 Stop Loss: Above 1.3415 (POC & resistance zone)
This setup aligns with a rejection from value area highs and a breakdown into thin liquidity zones. I’ll be watching for volume confirmation and price behavior at lower levels for continuation or reversal clues.
🧠 Plan your trade, trade your plan.
I am not 100% but I am trying to do better than my previous self
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Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.
I am not 100% but I am trying to do better than my previous self
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.