GBP/USD | NWOGs and NDOGs awaiting GBP!GBP/USDOANDA:GBPUSDAmirAliTradingBy analyzing the 4H chart of GBPUSD we can see that after an opening gap of 25 pips, it started to drop, currently being traded at 1.3561, below the May 4th NWOG and has just touched the 4H IFVG High at 1.3561. Now if GBPUSD loses the IFVG support and drops below it, I expect it to drop further below towards the 1.3540 level, losing this level will result in further drop towards the 1.3530, 1.3518 and 1.3507 levels respectively, and then there is the 1.3500 psychological support level which should be able to send GBPUSD above. Considering the plethora of NWOGs and NDOGs below GBPUSD's current level, I expect price to be drawn towards them before going back up. However, if GBPUSD bounces back up from the 4H IFVG, I expect it to go as high as 1.3587 level which is the Consequent Encroachment of the May 4th NWOG, and if GBPUSD breaks above it and stabilize there, it could reach 1.3600 level, and then I expect it to go for the 1.3630 level and finally towards above the 1.3657 level to sweep the liquidity up there.