British Pound / U.S. Dollar forum
Monthly close shows bearish momentum — HTF still bullish but current Descend Sequence likely a correction to discount.
📉 Watching for price to dip into Monthly PIZ & discount zone.
📈 A rally to 1.3350–1.3401 could offer short setups; 1.3173 might get reclaimed first.
🎯 Targets: M-PIZ, 1.2944 or lower.
🚫 Invalidation if price breaks 1.3694 with bullish microstructure.
Strictly technical – no fundamentals.
#IntelEdge

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Unless this was just a false month opening move to bait longs to pair with huge money shorts, that would be diabolical

News gave an exaggerated start to the new monthly range recovery of last month's bearish displacement.
This is expected after an impulse candle prints on any time frame, you will often see the very next candle will often recover some of the displacement candle's range before the next move 💎
Copy that down in your notes 🙏🏾

BULLS still hold the control.
