GBP/USD Price Outlook: Pullback from supply zone
GBP/USD has rallied to the Supply zone yesterday but found some sellers at that level. So, we are seeing a pullback now.
However, for the downtrend to accelerate, GBP/USD must break the 1.2450 area clearly.
I will be looking for new sell entries if GBP/USD breaks the 1.2450 area and I will be looking at 1.2250 as a probable target for the sell trades.
However, for the downtrend to accelerate, GBP/USD must break the 1.2450 area clearly.
I will be looking for new sell entries if GBP/USD breaks the 1.2450 area and I will be looking at 1.2250 as a probable target for the sell trades.
