GBPUSD British Pound/US Dollar

GBPUSD London Session Report - 2026-03-08

Session London Session
Date March 08, 2026
Bias
πŸ”΄ Short
Confidence Medium

Session Snapshot

  • Open: 1.33610
  • High: 1.33824
  • Low: 1.33556
  • Close: 1.33690
  • Change: +0.06%
  • MCM State: Markup
  • Volume Context: Peak

Supply/Demand Zones

Demand Zones

Zone Range Status Strength
D1 1.33550-1.33610 Fresh Strong
D2 1.33400-1.33450 Tested Moderate

Supply Zones

Zone Range Status Strength
S1 1.33800-1.33830 Fresh Strong
S2 1.33950-1.34000 Tested Moderate

Support/Resistance Matrix

Level Type Price Strength Distance
R2 Psychological/Structural 1.34000 Strong +0.23%
R1 Structural 1.33824 Moderate +0.10%
Current - 1.33690 - -
S1 Structural 1.33610 Strong -0.06%
S2 Psychological 1.33500 Moderate -0.14%

Liquidity Hunt Map

  • Buy-Stop Clusters: 1.33850, 1.34000
  • Sell-Stop Clusters: 1.33500, 1.33400
  • Recent Sweeps: Session low at 1.33556
  • Next Target: Above 1.33824 high

Fear Factor Meter

FEAR [πŸ”΄πŸ”΄πŸ”΄πŸŸ πŸŸ πŸŸ‘πŸŸ’πŸŸ’βšͺβšͺ] GREED
              β–²
        Score: 4/10 - Neutral

Inputs: DXY=108.5, VIX=14.2, US10Y=4.52%

Directional Bias

  • Bias: Short
  • Confidence: Medium
  • Rationale: DXY strength pressures GBPUSD amid peak London volume; fresh supply at session high likely caps upside before Core Retail Sales.

Action Zones

Setup Entry Trigger TP1 TP2 SL
πŸ”΄ S1 1.33800-1.33830 Rejection wick 1.33610 1.33500 1.33850
🟒 D1 1.33550-1.33610 Spring bounce 1.33824 1.34000 1.33500

Momentum View

IF price rejects fresh S1 supply during OB window THEN probable markdown to D1, trail stops on lower highs.