GBPUSD focuses on supply areas
On the hourly chart, GBPUSD rebounded after a sharp drop. Currently, you can pay attention to the upper supply zone of 1.295-1.298. If the rebound is blocked, you can consider shorting. Pay attention to around 1.283 below. If it falls below, it will go to the support near 1.275.
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Disclaimer
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.