Technical Analysis : GBPUSD Bullish interest around 1.26700

Technically speaking at the moment I don't see any reasons I enter a long. But I am seeing signs of bullish interest. imagen

On the daily timeframe, this region has witnessed significant upward reactions historically. I am hopeful for a similar reaction once again.

Now that we have revisited this order block, I am anticipating a reaction on the 4-hour timeframe that could lead to a shift in market structure. This would enable me to seek a bullish retracement for a potential entry. I do appreciate these wick rejections from the daily order block when observed on the 4-hour timeframe. They indicate the presence of participants who are strategically positioned around this area. imagen

Will keep this updated but again I want to see some stronger reactions on the 4H timeframe in order to seek a trade.
Nota
Follow up. We now have a change of character. Price is holding as expected Waiting on a stronger pullback for the entry or a BOS. Depends on how market is at the BOS. Will keep updating.

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Operación activa
imagen Executed
Nota
Price is still looking bullish : Got a price liquidity rejection on that order block. Still holding this 4H buy into next week.

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Operación cerrada: precio stop alcanzado

Exención de responsabilidad