Today I attempted to buy GBPUSD with my stop-loss placed at 1.3554 and take-profit at 1.3623. GBPUSD on the M15 timeframe. From a price action perspective, the price increase was supported by long bullish candles, indicating strong buying pressure. Although there were a few bearish candles, their size was relatively small, indicating that the current selling pressure was still outweighed by buying pressure. As it approached resistance, the price tended to move more cautiously, forming a narrow sideways movement that could be interpreted as a consolidation phase before a breakout.