From the weekly Time frame, GBPUSD has reached a possible reversal point @ 1.2800 and it is characterized with a bullish rejection candle on the 1D Time Frame. Further more, an inside bar was formed around 1.27716 and 1.27664 and a bearish engulfing candle followed by a false breakout, which led to touching the Supply one @ 1.2799 on the 4H Time Frame from the...
GBPUSD is expected to retest around 1.25245 and then bounce back for great sell. Traders will be much interested in that Price Level. Price is expected to fall around 1.1798.