EURGBP market outlook
The current direction of the market is bullish
Why?
STRUCTURE: The market reacted from a 4hr ORDER BLOCK which caused a significant reaction leading to a 30 minutes MSS ( Market structure shift)
LIQUIDITY: The liquidity serves as a protection to our POI, the liquidity protecting our POI is called the inducement liquidity.
POI: for this market scenario, the only Poi closest to our liquidity is the ORDER BLOCK. It is the only unmitigated POI