GBP/USD – Trendline Liquidity Grab and Reversal Setup

Price has been respecting a major ascending trendline, forming higher highs and higher lows. Currently, it looks like we’ve had a liquidity grab below the trendline, sweeping early buyers and stop losses.

I'm watching this zone closely for a potential fakeout, followed by a bullish reaction. This area aligns with:

Major ascending trendline support

Previous structure level

High-probability liquidity zone


If price reclaims the trendline with strong bullish momentum, I’ll be looking for buy confirmations to ride the next leg up. A clean rejection and break of short-term bearish structure would strengthen the setup.

Key Notes:

Buy zone highlighted

Waiting for confirmation before entry

Strong RR if price respects the zone

Invalid if price closes below the zone with strong bearish pressure


Let me know your thoughts or if you see it differently!