After a strong bullish rally, GBPUSD is now tapping into a premium zone just below 1.32800–1.33000, an area aligned with an FVG (Fair Value Gap) and potential liquidity grab. The pair looks set for a short-term correction before any further continuation.
🔍 Key Elements of This Analysis:
Premium Price Zone: Price has entered a high-probability reversal zone after a sustained bullish move, reacting within a supply/FVG area.
Liquidity Consideration: Buy-side liquidity above recent highs is likely to be swept before any downside move gains momentum.
Bearish Bias: My short bias is based on exhaustion near premium levels and the potential for a correction into previous demand zones.
🎯 Target Levels:
TP1: 1.3050 (first structure break zone)
TP2: 1.2957 (imbalance fill level)
TP3: 1.2846 (golden retracement zone / higher timeframe demand)
🛡️ Risk Management:
The stop-loss is placed above the previous high at 1.3374, protecting against unexpected breakouts. Entry is based on confirmation of price rejection inside the FVG area.
This trade idea follows my model combining liquidity sweeps, FVGs, and price action within premium zones — staying aligned with macro structure and clean execution.
— Emerson Massawe
🔍 Key Elements of This Analysis:
Premium Price Zone: Price has entered a high-probability reversal zone after a sustained bullish move, reacting within a supply/FVG area.
Liquidity Consideration: Buy-side liquidity above recent highs is likely to be swept before any downside move gains momentum.
Bearish Bias: My short bias is based on exhaustion near premium levels and the potential for a correction into previous demand zones.
🎯 Target Levels:
TP1: 1.3050 (first structure break zone)
TP2: 1.2957 (imbalance fill level)
TP3: 1.2846 (golden retracement zone / higher timeframe demand)
🛡️ Risk Management:
The stop-loss is placed above the previous high at 1.3374, protecting against unexpected breakouts. Entry is based on confirmation of price rejection inside the FVG area.
This trade idea follows my model combining liquidity sweeps, FVGs, and price action within premium zones — staying aligned with macro structure and clean execution.
— Emerson Massawe
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.