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Hey traders,

As I predicted, GBPUSD nicely bounced from a key monthly structure support.

Here are the closest resistances from where I will look for shorting opportunities:

Resistance 1: 1.135 - 1.142 area
Resistance 2: 1.168 - 1.175 area

Wait for a test of one of these structure and then wait for a confirmation to short.

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dollarForexGBPUSDPivot PointsSupply and DemandSupport and ResistanceTechnical AnalysistradingUSDDJ FXCM Index

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