GBPUSD: Short-Term Bullish Prospects and Key Levels

Greetings Traders!

Current Market Analysis:
At the moment, I am observing a bullish draw towards the upside on GBPUSD, particularly evident on the smaller timeframes. The institutional order flow is currently bullish, supported by the presence of bullish fair value gaps.

Key Observations:

1. Bullish Fair Value Gaps: Price is being consistently supported by bullish fair value gaps. These gaps are aligned with bullish order blocks, indicating new funds being invested at these points to sustain bullish momentum.
   
   
2. Liquidity Target:The market typically seeks areas with substantial liquidity. Presently, there is engineered trendline liquidity at the premium prices, which I am targeting as a potential area for price to draw towards.
   
   
3. Previous Week's High: Another significant target is last week's previous high, known to hold large bodies of liquidity.
   

Trading Strategy:

• Focus on Bullish Order Flow: With the evidence of bullish institutional order flow, I am looking to enter long positions, taking advantage of the support provided by the fair value gaps and bullish order blocks.
  
  
• Upside Targets: The primary targets are the engineered trendline liquidity and the previous week's high. These targets align with the current bullish momentum and offer significant profit potential.
  

Conclusion:
By understanding the current bullish institutional order flow and identifying key liquidity targets, we can effectively plan and execute trades on GBPUSD. The confluence of fair value gaps and bullish order blocks provides a robust support zone, guiding our strategy towards profitable buying opportunities.

Happy Trading,
The_Architect