GBP/USD presents a short scenario. The price is moving towards the 1.273 level, close to a reaction zone for a short trade. The zone includes the levels 1.2730 and 1.2760, at which the price could reverse if there are appropriate confirmations.
The potential target would be 1.2620, where we have a demand in H1. Let me know your thoughts and opinions. Happy trading to everyone!
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.