GBPUSD is currently ranging and is likely to reach for the low

2023년 8월 10일

GU has been ranging this week. Ranging between the 1.27900 & 1.26800 areas. Currently it is at the lower part of the range and it is likely to continue down to take the 1H bullish order block or even the 1H sell side liquidity area. Order blocks and liquidity levels acts as magnets, so it is likely for price to move towards these levels

I am looking for possible setup to target those levels and then wait on how price will react at those levels.