GU imminent buys to sell idea?

My analysis for GBP/USD (GU) is still bearish at the moment, as the DXY (Dollar Index) has been very bullish. Additionally, GU has broken structure to the downside, and there's a clean supply zone that aligns with this bearish trend. However, as price is currently in my demand zone, I will be looking for confirmation to buy temporarily for a retracement.

If price does not respect the 1-hour demand zone, I expect it to accumulate slowly, approaching the demand zone below. In that case, I’ll wait for the price to reach this lower zone before looking to buy. If this scenario doesn't play out, I will wait for the price to rally up and then look for short opportunities to sell again.

Confluences for a GU Long:

- The market has been very bearish, and a pullback is likely.

- There is a lot of liquidity to the upside, including Asia session highs and trendline liquidity.

- A clean demand zone lies below a liquidity level, offering potential buy opportunities.

- The DXY has left imbalances below due to recent news, suggesting the dollar could decline temporarily.

Note: If price rallies up and breaks the current high, I would expect an upward continuation, as there's significant liquidity being built up above for GBP/USD.

Wishing you a successful trading week ahead!