Contributors Technical Analysis Risk Appetite Has Pushed The Cable Higher

Risk Appetite Has Pushed The Cable Higher

The GBP/USD could reject from 1.2820-30 and 1.2850-60. Those two POC zones are good for sellers as profit taking and fresh selling could happen there within the zones. Targets are 1.2780 and a strong 1h or 4h close below it, could reject the pair further down. That would be counted as a continuation trade towards 1.2730-1.2710. Only a close above 1.2860 will be bullish for the pair targeting 1.2890 zone.

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