GBPUSD 4H 4/2/24

2月4日

Starting the week off with a higher time frame look at GU, coming into this week we aren't giving a direct bias as we intend to trade whatever the markets give us, from our higher tome frame view here, we have a clear lower moving market, we know the USD holds power from the NFP new on Friday driving the DXY to a new high, based off of this i am looking at this pair wanting to seek the low sitting just under price currently, as for now we could see a pullback before this move or price may just drop off from where it is. either way we have our areas marked to watch how price reacts.
demand below along with liquid at our last major low then we have our FVG above along with our supply zone. we are tracking the price action when and if we get to these points.