GBPUSD 25TH MAY 2020 Short

British Pound/U.S. DollarFXCM

Description

⋅ May 25, 2020 1:38 PM

At NY market open, price rejected supply zone around the 1.2190 region. It was a newly formed resistance level since price broke support last week. I anticipate price to drop to the 1.2105 area.

Trend Analysis