Session Snapshot
- Current Price: 1.33999
- 24h Change: -0.30%
- 5-Day Performance: -0.37%
- 1-Month Performance: +0.14%
- SSO State: Distribution (ranging with sell-side bias)
- Volume Context: Peak (London Session prime time)
- News Catalyst: Sell-side liquidity zones at 1.3460/1.3490; channel resistance rejection
Fundamental Drivers
GBP trading inside liquidity-driven range with expansion risk. Technical rating neutral today but weekly/monthly show buy signals—conflicting timeframes suggest choppy action. BOE policy stance stable; focus on UK growth data. Cable sensitive to London volume flows—expect volatility on any surprise BOE commentary or US data. Sellers gaining control at channel resistance.
News Risk Assessment
- Event Risk: Low (no major GBP or USD events scheduled)
- Impact: Range-bound with potential breakout; watch for false breaks
- Action: Trade rejections at zone extremes; avoid breakout chases without confirmation
Supply/Demand Zones
Demand Zones
| Zone | Range | Status | Strength |
|---|---|---|---|
| D1 | 1.3360-1.3380 | Fresh | Strong |
| D2 | 1.3280-1.3300 | Tested | Moderate |
| D3 | 1.3200-1.3220 | Fresh | Strong |
Supply Zones
| Zone | Range | Status | Strength |
|---|---|---|---|
| S1 | 1.3460-1.3490 | Fresh | Strong |
| S2 | 1.3550-1.3575 | Fresh | Moderate |
| S3 | 1.3640-1.3660 | Tested | Moderate |
Support/Resistance Matrix
| Level | Type | Price | Strength | Distance |
|---|---|---|---|---|
| R2 | Liquidity Zone | 1.3490 | Strong | +0.7% |
| R1 | Channel Resistance | 1.3450 | Moderate | +0.3% |
| Current | - | 1.3400 | - | - |
| S1 | Structural | 1.3365 | Moderate | -0.3% |
| S2 | Swing Low | 1.3280 | Strong | -0.9% |
| S3 | Extension | 1.3200 | Strong | -1.5% |
Liquidity Hunt Map
- Buy-Stop Clusters: Above 1.3490 (sell-side liquidity target)
- Sell-Stop Clusters: Below 1.3280 (recent swing low)
- Recent Sweeps: Channel resistance rejection favoring downside
- Next Target: Hunt toward 1.3365, then 1.3280 sell-stops if momentum builds
Fear Factor Meter
FEAR [🔴🔴🟠🟠🟡🟢⚪⚪⚪⚪] GREED
▲
Score: 5/10 — Neutral
Inputs: DXY=99.13 (neutral GBP), Technical=Neutral, Price at resistance rejection
Directional Bias
- Bias: Short
- Confidence: Medium
- Rationale: Price stalled at channel resistance with sellers gaining control. Fresh sell-side liquidity at 1.3460/1.3490 makes upside limited. Favor downside toward 1.3365 then 1.3280 demand zones.
Action Zones
| Setup | Entry | Trigger | TP1 | TP2 | SL |
|-------|-------|---------|-----|-----|----||
| 🔴 Short | 1.3450-1.3490 | Bearish engulfing | 1.3365 | 1.3280 | 1.3510 |
| 🔴 Short | 1.3400-1.3420 | Lower high confirmation | 1.3365 | 1.3320 | 1.3450 |
| 🟢 Long | 1.3280-1.3300 | Bullish reversal at D2 | 1.3365 | 1.3420 | 1.3260 |
Momentum View
"Distribution phase with sellers in control at channel resistance. IF rejection holds, expect grind toward 1.3280 sell-stops. Break above 1.3490 invalidates bearish setup—watch for false breakout. London Session: FADE rallies into 1.3450-1.3490 supply."
When momentum aligns, we move.