GBPUSD short move
Price is rising toward the supply zone of 1.26394, a pullback resistance that aligns with the 78.6% Fibo retracement. A reverse from this point could lead the price to fall to 1st support at 1.25080.
If price breaks above the supply zone, it could rise to 1st resistance at 1.26852, a swing-high resistance level
If price breaks above the supply zone, it could rise to 1st resistance at 1.26852, a swing-high resistance level
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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.