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#GBPUSD Sellers are determined to further reduce prices

Short
Livre sterling / Dollar américain (FX:GBPUSD)  
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FX:GBPUSD   Livre sterling / Dollar américain
Trend Analysis Chart Patterns Wave Analysis
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trendanalysis chartpattern waveanalysis
Supply is serious in the price range of 1.2700. It is difficult for buyers to cross this level.
Sellers are determined to push the price below 1.2500.
According to the formations formed in the chart, it seems that they will reach their goal.
Our suggestion is to sell GBPUSD.
The suitable range for selling this range is 1.2700. If this level is broken, much more supplies will be observed and predicted at the level of 1.2800.
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