👉 GBPUSD: pick priority for 17-21.05.2021.
Updated
🌐 The increase in the outperformance of buyers by a third on the new CoT reports further confirms the true nature of the rise.
Market volume is up 16%, which means we have great upside potential.
✍️ A slight increase in locked positions by 1% confirms the assumption of a likely flotation of the asset quotations within the price corridor during the first half of the new trading week.
In case of a successful test of the balance of the week (1.4045) and an important option level at 1.4020, we expect a continuation of the upside with a medium-term target of 1.4226, where the market maker's loss is located.
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Market volume is up 16%, which means we have great upside potential.
✍️ A slight increase in locked positions by 1% confirms the assumption of a likely flotation of the asset quotations within the price corridor during the first half of the new trading week.
In case of a successful test of the balance of the week (1.4045) and an important option level at 1.4020, we expect a continuation of the upside with a medium-term target of 1.4226, where the market maker's loss is located.
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✍️ GBPUSD: will there be a rebalancing of the week? 
📌 The closest speculative support intraday is the limit buyer (1.4049).
The proximity of the balance of the week level (1.4045) further strengthens it.
👉 In case of successful test of limit buyer level (1.4049) we expect further upside with targets: balance of the day (1.4110) and limit seller (1.4152).
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🌐 GBPUSD: rise to the border of the market maker's comfort zone continues. 
The nearest resistance for today is the limit seller (1.4191).
✍️ The main scenario for the second working day of the week is the achievement of the mentioned resistance and subsequent corrective decline to the balance of the day (1.4145).
⚠️ In case of breakdown and fixation above the limit seller (1.4191), we expect continuation of rally to the market maker loss level (1.4230).
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♻️ GBPUSD: limit seller is an obstacle to market maker loss. 
🎯 Over the past 24 hours the asset failed to close the trading day above the limit seller level (1.4191).
Actual for Wednesday, May 19, the limit seller level is located at the price level of 1.4234, close to the market maker's loss level.
🔥 In case of a test of the option balance of the day (1.4158) we expect a further rise to the limit seller (1.4234).
In case of breakdown and consolidation above the nearest option resistance (1.4234), we expect a subsequent rise to the premium level of hedge resistance zone (1.4301).
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💡 GBPUSD: will there be a return to the balance of the week? 
📌 The closest support for today is the balance of the day (1.4172).
The limit seller (1.4213) acts as key resistance for Friday, May 21.
Close market maker loss level (1.4219) further strengthens the limit seller.
🌐 On breakdown and fixation below the balance of the day (1.4172) we expect subsequent decline with strategic target,- balance of the week (1.4050).
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