DislikedGBPUSD market operation is in a bullish mode but experiencing increased bearish pressure. On the daily time frame, bullish price action is retesting the 1.35870/1.36450 daily supply zone (magenta) – which is nestled in the 1.35530/1.37450 weekly supply zone (red) – but it is being resisted by bears. The ‘wicky’ and bearish candlesticks printed in the zone indicate increased selling pressure. We may not have much directional momentum because the nearby 1.35290 area (green) is holding as horizontal support and even if it is broken down, price action...Ignored
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