**EUR/GBP – Interesting London Session Price Action 📉**
EUR/GBP delivered an interesting price action during today's London session.
The market first swept **yesterday's high**, which was almost at the same level as **Tuesday's high**, taking the buy-side liquidity resting above those highs. After the liquidity sweep, price **broke market structure to the downside on the M15 timeframe**, providing the first indication of potential bearish momentum.
If price retraces into the **Fair Value Gap (FVG)** or the **Order Block**, a short setup becomes an interesting scenario. The **Fibonacci OTE zone (0.62–0.79)** is also located within this area, adding further confluence.
**Below the current price, sell-side liquidity remains untouched**, making it a potential downside objective if the bearish scenario continues to unfold.
As always, I focus on scenarios rather than predictions. I will wait for bearish price action to confirm the setup before considering an entry.
#Trading #Forex #EURGBP #ICT #PriceAction #Liquidity #SellSideLiquidity #MarketStructure #OrderBlock #FVG #OTE #SmartMoney #DayTrading
EUR/GBP delivered an interesting price action during today's London session.
The market first swept **yesterday's high**, which was almost at the same level as **Tuesday's high**, taking the buy-side liquidity resting above those highs. After the liquidity sweep, price **broke market structure to the downside on the M15 timeframe**, providing the first indication of potential bearish momentum.
If price retraces into the **Fair Value Gap (FVG)** or the **Order Block**, a short setup becomes an interesting scenario. The **Fibonacci OTE zone (0.62–0.79)** is also located within this area, adding further confluence.
**Below the current price, sell-side liquidity remains untouched**, making it a potential downside objective if the bearish scenario continues to unfold.
As always, I focus on scenarios rather than predictions. I will wait for bearish price action to confirm the setup before considering an entry.
#Trading #Forex #EURGBP #ICT #PriceAction #Liquidity #SellSideLiquidity #MarketStructure #OrderBlock #FVG #OTE #SmartMoney #DayTrading
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