The GBP/USD has a potential POC zone straight at the Upper Bands just above the W H3 pivot point.
1.2670-90 is the POC zone where we might see fresh sellers. H4 Upper band, ATR Pivot, W H3 are making a confluence for a rejection. Targets will be 1.2624 and 1.2542. If the price manages to stay below 1.2740 the pair will be bearish. Only a close above the level will put it in the neutral to bullish mode again.
For more daily wave analysis and updates, sign-up up to our ecs.LIVE channel.
Many green pips,
Nenad Kerkez aka Tarantula FX