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GBPUSD Forex Pair Analysis
Time Frame : 30 Min Chart
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Watch for SELL Entry Setup
The GBPUSD has come under pressure as the USD has rallied and price is set for a breakdown. We can see resistance at 1.2884 then at 1.2867 as sellers are happy to enter at lower levels. Watching now for a retest and failure around 1.2850 for the lower highs and sell entry setup. Expect to see some USD buying tonight if markets continue to come under pressure.
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Currency Pair : GBPUSD
Current Price : 1.2839
Status : On watch for a break down through 1.2833
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