EURGBP is currently rebounding from a H4 Discount FVG after successful rebalancing. This is followed by a market structure shift (MSS) on the H1 timeframe, indicating a potential shift towards a bullish sentiment. Presently, price has reached a m15 Discount Fair Value Gap, suggesting a possible upward movement to reach the Premium Buy Stops, our Draws on Liquidity. While a further discount move is plausible, we continue to anticipate the subsequent bullish draw.
Stay tuned for a detailed video analysis on EURGBP.
Kind Regards,
The_Architect