GBPUSD Possible Analysis 30/31-01-2025
Hello Traders
GBPUSD, gave us a classic MSS "corrective approach". I am no pro, but I call it classic due to if you were to study most MSS for this pair you would see this playing more than once.
1. Swing structure is Bearish
- After a Bearish BOS I can, identify premium price for possible short positions targeting the newly created swing low.
2. Internal structure is Bearish
-Internal structure has shifted bearish. I can also identify the most recent BOS,
price pulled back into LTF-POI, in 5m we should get confirmation entries
GBPUSD, gave us a classic MSS "corrective approach". I am no pro, but I call it classic due to if you were to study most MSS for this pair you would see this playing more than once.
1. Swing structure is Bearish
- After a Bearish BOS I can, identify premium price for possible short positions targeting the newly created swing low.
2. Internal structure is Bearish
-Internal structure has shifted bearish. I can also identify the most recent BOS,
price pulled back into LTF-POI, in 5m we should get confirmation entries
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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.