gbp

GBP/USD Fresh Sellers Might Be Waiting Close to W H3 Camarilla Pivot

Hi traders,

The GBP/USD has a potential POC zone straight at the Upper Bands just above the W H3 pivot point.

1.2670-90 is the POC zone where we might see fresh sellers. H4 Upper band, ATR Pivot, W H3 are making a confluence for a rejection. Targets will be 1.2624 and 1.2542. If the price manages to stay below 1.2740 the pair will be bearish. Only a close above the level will put it in the neutral to bullish mode again.

2018-12-17GBPUSD

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Many green pips,
Nenad Kerkez aka Tarantula FX
Elite CurrenSea

Published by

Nenad Kerkez

Nenad Kerkez is an analyst and trader who has been in the market since 2008 and works closely with Admiral Markets as their Senior Lecturer and Market Analyst. Nenad covers over 25 currencies on an intraday basis and has a Masters in economics. He also developed CAMMACD TM, a proprietary trading and analysis strategy wit ever powerful pre fact setups that you can read every day. Nenad is also a valuable presenter on various FX EXPO shows, where he always presents new and interesting ways how to trade price action and protect your own investments. Further, he is the co-founder and head of Elite Currensea Trading, an educational website for currency traders.