Disliked{quote} My view on GbpUsd is opposite. I see PVA events on dips, meaning MMs are loading more longs. Also, price on London close ended below whole number which I see as additional loading of long positions. If price breaks this whole number on next London open with good volume I see it reaching at least upper half number.Marijan {image}
Ignored
So, yes, they might be looking for another leg up in this bull swing. Or, they may have accomplished what they were after accomplishing and now are busy closing longs at profit and preparing for a bear swing. Either way, I agree there is high probability the MMs will whip it back to the upper half number.
And whether they are bulls or bears they might whip price to the RWH area in conjunction with the last of the week USD high impact releases. Maybe even to the next upper whole Level, since it is close to RWH. And at that point, one might get the definite impression the MMs are definitely bulls and are starting another bull swing leg that will be continued next week. And it might be the case. It is a tough one.
Lets see what comes......
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