We have seen a change in direction since interest rate changed on GBP Late December 2021, Price has only went up to fill the internal liquidity, and now we are in the premium market... Combining this with the seasonal tendencies, i think price is now drawn towards the FVG below and may consequently take out the lows at 1.3150 level....
Central bank has sold funds to the large funds and other trend following institution, delivery of price is now bearish.. I believe to buy all they have sold and liquify as many trend following traders as possible.
Central bank has sold funds to the large funds and other trend following institution, delivery of price is now bearish.. I believe to buy all they have sold and liquify as many trend following traders as possible.
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This is pure institutional order flow.