I did not expect the GBPUSD to fall with all this force, but the EURUSD’s refusal to fall with it all these points indicates the strength of the current Low from which it rebounded, and it is expected that this bottom will hold
It is clear that GBPUSD was looking for more liquidity and that is why it dropped all these points. With this drop, it created a liquidity void that allowed it to rise and take all these pips back.
It is clear that GBPUSD was looking for more liquidity and that is why it dropped all these points. With this drop, it created a liquidity void that allowed it to rise and take all these pips back.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.