GBP/USD Will Today be the Big Day?

On GBP/USD, we have identified a bearish setup following the Eurozone data and the data on the dollar. During this morning, the market began to change its structure on a 15-minute timeframe, creating an important entry zone at the level of 1.2412. This trade will be confirmed today during the London ink hour, that is after the release of US data, which could affect this idea in case of significant results for the dollar. Naturally, looking at the chart, it is noticeable that the price has broken several swing lows, thus creating two selling zones: one at the level of 1.2480 and another at the level of 1.2550. The first one will be used as a target in case of a long entry. Let me know what you think. Greetings and happy trading to all.