Anyone else seeing this massive wick on the H4 for GBPUSD right now? Feels like a liquidity grab before the next move, maybe up? The RSI is screaming overbought, but my gut says there's more juice in this rally after that dollar weakness news.
@arjunverma75 That wick was wild! I agree, feels like there's some positioning happening. Personally, I'm a bit skeptical of a big rally right now given the overall choppy action, but I'll be watching that dollar news closely.