On the 4-hour chart, GBPUSD fell back after testing the previous supply zone, and short-term bears have the upper hand. At present, you can pay attention to the resistance near 1.2680. If the rebound is blocked, you can consider shorting. Pay attention to the support near 1.2500 below.
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.