GBPUSD - Old FVG Still Pays!

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Studying the consequent encroachment of the daily fair value gap is where you are able to identify whether there is a stronger likelihood for daily highs to be targeted.

5 consecutive days of bearish price action for cable and you think it wouldn't be healthy for a minor relief rally to occur up to 1.31424?

Manipulation before distribution and right now, I feel that the accumulation has already taken place inside of the daily FVG with the manipulation next in line, first targeting the most immediate daily high which is 1.31341.
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Inside daily range yesterday with todays London session poaching daily lows.
Is this a set-up for a relief rally once 08:30am bell strikes?

1.31424 is in my scoped for short-term trading
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We have tagged the weekly lows as expected.
If dollar index continues to present risk off conditions, GBPUSD has a high chance of continuing the decline.
1.30508 next in the cards
トレード終了: 利益確定目標に到達
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1.30508 has been met!
Sitting on my hands for the remainder of the week.
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Weekly close
Candlestick AnalysisMultiple Time Frame Analysis

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