GBPUSD D1 - 1.30 Short

7月15日

GBPUSD H8

We have traded just shy of our 1.30 psychological price level. We are looking to see some selling pressure come into play from around this price level, in hope we trade south back down towards this 1.28500 price. A more major considered area of support.

From this zone, we would be looking to catch some long positions. A rejection of 1.30 would warrant some USD strength. We aren't looking to trade the short, just merely indicated FYI.