GBP/USD Fresh Sellers Might Be Waiting Close to W H3 Camarilla Pivot

2 min read
tarantula fx

tarantula fx

Head of Trading

Hi traders,

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.

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Many green pips,
Nenad Kerkez aka Tarantula FX
Elite CurrenSea

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