Hello colleagues. The medium-term short plan for the GBP/USD pair remains valid. I am strictly looking downwards. However, the current picture has adjusted. We are observing a local intraday long. The price is currently trading online at 1.33872. We caught a technical bounce. I am observing the market profile of GBP/USD. The price elegantly bounced off the lower red trend line. Bulls are temporarily holding the current volume position. The nearest target for this intraday pullback is the level of 1.3416. I do not expect the pair to go above the 1.3470 mark. Heavy liquidity distribution begins there. That is a strong medium-term resistance for sellers. I plan to open major shorts from there. The global target remains the same at 1.3195 for the breakdown. Buying is only relevant within the day.
