GBP/USD — 1H Bias Setup | 17NOVBritish Pound/US DollarFX:GBPUSDsam_trades_smc 🔹 SMC Flow Price dipped into the higher-timeframe 1H/4H demand zone (green zone) where a previous displacement originated. This zone also aligns with the daily bullish corrective leg, making it a high-value POI. After reacting, price printed an internal LTF liquidity sweep, but the note is correct: “might be possible LQ pool as the LTF LQC was an internal one.” Meaning: The first sweep was internal liquidity, not the true external pool. Price may still target deeper liquidity (the equal lows / wick zone) before a full continuation. 🔹 Liquidity Context (LQC) Market previously created a counter-trend CHoCH at the top (highlighted in red), grabbing buy-side liquidity. This created the downward pull into demand. The current rise is a reaction after sweeping sell-side liquidity beneath the major wick. So the liquidity cycle is: Buy-side sweep → Drop → Sell-side sweep → Bullish continuation This is fully aligned with SMC + LQC logic. 📈 Bias / Expectation Bullish towards 1.31950 – 1.32011 This aligns with the top of the current HTF range where external liquidity rests. 🛑 Invalidation Clear invalidation is below 1.31347, where the HTF demand gets violated and the bullish idea collapses.