GBPUSD Possible short

20 בספט׳ 2019

Support zone level in the 1.24000 range, it has bounced back from its resistance zone level so I see a possible short opportunity coming during london session all depending on if it bounces back from its resistance, although it looks to be in an overall uptrend and a swing buy on the 4 hr tf. On the daily timeframe it is at a resistance zone that's been bounced off of several times in the past, and the stochastic shows overbought on the daily as well.