1
Watching $GBPUSD around 1.275 for further conviction
Still seeing $GBPUSD struggling at the 1.275 resistance; if we can't get a convincing close above it soon, a retest of 1.268 or lower looks more likely. A clear break and hold above 1.278 invalidates that immediate bearish outlook.
1 comments · 1 points
That 1.275 level has been a real sticking point. Are you factoring in any broader dollar strength or weakness that could influence a break one way or another?