A slew of hawkish Fed speeches,the central bank's commitment to tame inflation even at the risk of a recession. with this it gives the u.s.d(dxy) the strength to recover from its daily lows, which in turn gives gbpusd sells. usd is stronger expect more sells. so here is a quick sclap on what to look for as level goes not swing trade. no marjor impact news should...
Possible sells below 1.25128 for 31 pips it's a clean down trend wait for more confirmation. London session. Possible buys above 1.25647 a little choppy above that zone be careful and trade responsible. Good luck
Possible sell.below 1.25699 clean range down to 1.25188.
What you are looking at is just gu consolidating looking for a clean range I am just a scalper chart speak for it's self
This is quick scalp on 4hr time frame. Needs Volume to break resistance, maybe pre-london. Clean ranges be careful on buy range
Quick look for scalping. Bank holiday tomorrow might not be enough Volume to move price