GBPUSD set for a short squeeze!

١٧ ديسمبر ٢٠٢٤

Intraday Update: The UK strong employment data is allowing for a move higher in the GBPUSD today, and the 1.2712 is the 50% retracement, also previous support at 1.2713 on Dec 11th. A break of this level could accelerate a short squeeze higher.