05/27/2026
Wednesday 5.27.2026
Good morning everyone — GBPUSD is currently on our watchlist for a possible bullish continuation setup.
This pair has been in a clear uptrend and recently broke above the previous swing high. Price has now pulled back into that same level, which is acting as support and has already been respected twice.
Current VMS observations:
✔ Daily momentum low and turning bullish
✔ 4H momentum low and bullish
✔ Strong structure with previous resistance becoming support
✔ Watching closely for bullish confirmation
The next important step will be the next candle close in about 3 hours.
If we receive a strong engulfing candle, we will then begin watching for volume confirmation:
80+ on the 4H
85+ on the 1H
or 90+ on the 15M
Preparation is one of the biggest keys to disciplined trading.
Now we wait for alignment between Volume, Momentum, and Structure.
Not financial advice — educational purposes only.