FX:GBPUSD   British Pound / U.S. Dollar
I was waiting to short GBPUSD from a while, and i finally think this lady looks ready. On h1 timeframe, 1.27750 is a strong resistance area and on short term, till we are below that price we are bearish. On Higher timeframe, looking at h4 we have a support zone at 1.27250 and we will probably range there before dropping. I have a final target at 1.26500, and invalidation above local highs

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.