Skip to content
FXFiboForex Fibonacci Chart
GBPUSD4-hourBullish

GBPUSD 4-hour (SMC): buy from the 1.3358–1.3380 bullish FVG

FXFibo editorial · · 1 min read
Summary

After a liquidity sweep below 1.3396 into 1.3343, price displaced higher and left bullish FVGs. In line with the daily trend, pullbacks are buying opportunities.

BiasBullishEntry zone1.3375Stop loss1.3335Target 11.3445Target 21.3503StatusActive
Invalidation: 4-hour close below 1.3342
GBPUSD 4-hour (SMC): buy from the 1.3358–1.3380 bullish FVG

Main scenario

  • Structure: liquidity sweep at 1.3343 and bullish displacement
  • Buy zone: bullish FVGs at 1.3358–1.3380
  • Confirmation: acceptance above the 1.3404–1.3445 bearish FVG
  • Targets: 1.3445 and 1.3503

Alternative scenario

Losing 1.3342 points to a deeper correction toward the daily order block at 1.3303.

Key levels

  • Resistance: 1.3424, 1.3445, 1.3503
  • Support: 1.3380, 1.3358, 1.3342

Market-moving events

  • Tue 10 Nov: US CPI
  • Thu 12 Nov: UK GDP and US jobless claims
  • Fri 13 Nov: US PPI and euro-area GDP
Share:TelegramX
⚠ This analysis is educational and is not a buy or sell recommendation. Trading financial markets carries the risk of losing capital.