GBP/USD (1D) — Context & Two-Stage Scenario
Breaking down the current structure for the British Pound for the upcoming weeks: 📌 Context & Market Mechanics:Initial Impulse: A Key Imbalance was previously formed, followed by a rebalance up to the 1.618 Fibonacci levels, sweeping liquidity along the way. Second Imbalance: During the downward movement for liquidity, another Key Imbalance was created. Rejection: Price…
