GBPUSD - Where to long next? GBP/USDOANDA:GBPUSDBenFxLDNTHIS IS THE DEMAND THAT CAUSED SUPPLY TO THE LEFT TO FAIL! - All current buy stops are resting below this low! - STRONG impulse to the upside NO LIQUIDITY / INDUCEMENT left after impulsing to the upside. - We will need to see liquidity ENGINEERED near the Demand in order to trade the early buyers and late sellers. ------------ HOWEVER we still have a LOT of liquidity sitting below these relative equal lows that could potentially need sweeping before we go higher. So it could be the case that we could get an even deeper retracement in the more extreme Demand. SUMMARY If we fail to engineer any liquidity into our first demand zone then it could well mean that the first demand area highlighted could fail. So, no engineering of liquidity? NO TRADE We will then wait for the more discounted price at the extreme Any questions feel free to ask