GBPUSD Monday 17th

156
Key Observations:

Asian High: Swept during the London session.

Weak High @1.29464: Expected liquidity sweep before heading lower.

First Target: Asian Low with a low-resistance liquidity run @1.2976.

Second Target: Today’s open @1.29170.

Ultimate Target: Price @1.29111.

Points of Interest (POI):

1-Hour SIBI (Sell-Side Imbalance and Buy-Side Inefficiency): Anticipated reaction around 1.29060.

New Entry:

Liquidity Taken & 1-Minute Inversion: Entry based on 1-minute inversion setup following a liquidity grab.

Strategy Overview: Wait for liquidity sweeps at key levels, watch for price action confirmations at POIs like the 1-hour SIBI (1.29060), and utilize the 1-minute chart for precise entries.

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