00:00Is the GBPUSD ready for a massive bounce or a total breakdown? Please watch the full video.
00:06Looking at this 1H chart through the lens of smart money concepts,
00:10we can see a very clear transition happening right now. While the overall high time frame
00:15trend remains bullish with a series of higher highs and higher lows, the price is currently
00:20in a sharp corrective phase after a strong rejection from the major supply zone near 1.3650.
00:25The market has successfully swept liquidity from the top and is now sitting at a critical
00:30crossroads. We are currently testing the immediate demand zone between 1.3510 and 1.3490. You can see
00:39the bearish momentum slowing down significantly here, which clearly tells us that the market is
00:44in a crucial decision-making zone. Here is our exact execution plan for this specific setup today.
00:50Our main entry will be in this order block zone. If the price retraces here and holds the level
00:57firmly, we will start building our long positions. For this trade, our invalidation level will be
01:03exactly below the recent swing low, specifically under the 1.3480 level. If price breaks this level,
01:10our current bias changes completely, and we will expect a deeper drop toward 1.3450 or even 1.3400.
01:17However, if demand holds, our final scenario or objective for this movement is to clear the
01:23liquidity zone sitting above us. Our primary objectives are 1.3570 and 1.3620, with the ultimate
01:31goal of reaching the 1.3650 supply zone again. The 1.3500 level is the absolute make-or-break point
01:38for the British pound today, so watch the price reaction very closely. Always follow proper risk
01:44management to protect your trading capital and maintain consistency. See you in the next video.
01:49Follow for more, the next analysis is coming very soon.
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