GBP USD Non farm payroll high volatility analysis

GBP USD Non farm payroll high volatility analysis

I expected today to be dramatic with non fam payroll. Tuesdays distribution imbalance created a new week low at London into NY. Price delivered and bounced upside for the third time since dec 14 leaving those sells stops in tact. Price tried again after s short consolidated on Wednesday before accumulating to the equilibrium on Thursday.

NY midnight opening today immediately declined in London creating the low, coming into NY at 8 to receive the RED FOLDER news, manipulation to the sell side-still not piercing those, sell side equal old lows or the FVG noted?

Tipping its hand that 8 was a fake and the real move bull rally to the buy stops created in DEC. Tuesday was distribution and seemed likely that price would rally to clear out FVG and above that buy stops but missed.

What is interesting with price delivery watching it this week with more understanding is how it's bouncing between institutional levels buy stops and sell stops and hourly FVG both being defended. As if the market maker is in a larger consolidation pattern as noted on my monthly charts for both DXY and GBPUSD we are at equilibrium so a market shift is near and they are building orders until they make up their mind???