GBPUSD short idea

6 lug 2024

As you can see on the chart that we are at the height of our trading range on the daily. We are somewhat bearish and have come into a 4hr POI (POINT OF INTEREST). Copious amounts of institutional liquidity at the top of this range. If we hold this order block or POI then look for change of character on the lower time frames such as the 1 hr and 15 min. entry timeframes should be taken on the 5 min and 1 min( high experienced traders should ideally use the 1 min ).
This could be a trade that makes or breaks as the dollar weakens. Stay safe traders and good luck.