We see that the GBP/USD 🇬🇧 🇺🇸 spiked earlier than I expected. As the RSI and Stochastic overboughts suggest the pair is expected the fall as it is going to be rejected by the 1.32731 level for the 4th time. The 100 pips short opportunity down to the Support of 1.31664 looks like a reasonable setup for now.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.