New lows in the GBPUSD as London traders look to exit

  • Moving further away from the 1.2000 level

The GBPUSD is moving to a new session low and in the process is moving away from the 1.2000 level.

In the morning video, I spoke to the swing area between 1.2002 to 1.2019 support and the resistance against the 100 hour MA. The lower swing area was rebroken into the London close and exit and this time, sellers have pushed with more downside momentum.

What next?

Watch the video and learn.

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