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The_Archi-tect

EURGBP: Potential Long-term Bullish Draw

Long
Euro / British Pound (OANDA:EURGBP)  
The_Archi-tect  
OANDA:EURGBP   Euro / British Pound
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Currently, EURGBP exhibits potential for a bullish movement towards the relatively equal highs, serving as the Draw on Liquidity. A recent bullish market structure shift on the daily timeframe suggests a shift towards a bullish sentiment. To capitalize on this, price needed to reach discount prices, which it successfully achieved, rebalancing the discount FVG. This sets the stage for a potential bullish draw towards the Draw on Liquidity.

Kind Regards,
The_Architect
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