On the daily chart, GBPUSD encountered resistance after testing the previous supply zone, and the short-term market is facing a correction demand. Currently, it can be in the 1.268-1.270 area. If the rebound is blocked, you can consider shorting. Pay attention to the support near 1.256 below. If it falls below, it will go to the support near 1.240.
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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.