GBPUSD: Catching Pullback After Bull Impulse

Short

British Pound / U.S. Dollar (FX:GBPUSD)

FX:GBPUSD British Pound / U.S. Dollar

trendanalysis chartpattern waveanalysis forex trading technicalanalysis gbp usd gbpusd pound dollar currency

hey traders,

yesterday we saw a very significant movement on GBPUSD
and the pair is very very close to a key supply zone .

I think that many traders will take profits inside this area and structure trades will open shorts.
For this reason, on my trading radar is 1.249 - 1.258 area of resistance.
I will be waiting for a reversal signal inside this area to short the pair.

Target levels will be 1.24 and 1.23

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