GBPUSD SHORT Trade Setup 071129

There is a highest possibility to re-test the 1.2730 ~ 1.2780 Resistance Zone level this coming week for this pair, In Accordance to Commitment Of Traders (COT) report. We see that they added additional +5k Long and Only +800 short. In my opinion the GBPUSD will likely to re-test this level to gather more liquidy in order to pull back the price down to 1.19800.

REMARKS: (Neutral) Do not Enter the Trade unless all the rules has been satisfied
I will keep you updated by time to time if there is a new confirmation
Beyond Technical AnalysisHarmonic PatternsTrend Analysis

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