The market couldn't reach any of our Highs yesterday with the bearish traders going Short Sterling and Long Dollars creating a huge Selling Volume, the GBPUSD is signaling a short term peaking turnover and warns for selloffs back under 1.3012, possibly testing the last swing low. Trade is poised to extend selloffs the next few days. Any corrections trapped within yesterday’s range will stay aligned for selloffs.

R2          1.3140
R1          1.3098
 

S1          1.3054
S2          1.3012