Hello traders and always good to be back with you as today we take a look at the GBPUSD on a 60 minute chart. I looked at this trade in Asia and you can see the move juat at the open and we have rejected resistance and has come down. I am looking for an aggressive pull back to the resistance level as marked on the chart at the price of 1.2240 and we can place our stop at the price of 1.2265. I would like to see this sell off to the take profit zone and support at the price of 1.2165.
Thank you traders and we will talk soon….William