GBPUSD 1 hour Continuous Chart

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GBPUSD 1 hour Continuous Chart

Wow! I anticipated for price to run a long to the equal highs and FVG at the 1.21470 area, I documented my prediction I wanted price to deliver to and yup it did!

Despite the RED FOLDER news heavy this week price opened today to retrace Mondays range and seek out Buyside liquidity.

Price delivered to equilibrium and I suspect price to reach for premium market price and a accumulation pattern before expanding long. We could see a continued long to my noted FVG and clean equal highs for buyside liquidity. Maybe tomorrow or Friday.

If a long presents itself I would see it seek to 1.22370.

I would not be surprised if most of tonight and tomorrow is consolidation.

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