GBPUSD holds swing area resistance and 100 hour MA at session highs. What next? ...Middle East

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GBPUSD holds swing area resistance and 100 hour MA at session highs. What next?
source : forex live ( Middle East ) () 62
The GBP/USD pair moved higher from last week’s closing level near 1.2530 but encountered strong resistance around a key swing area between 1.2596 and 1.2614. After testing this zone, buyers gave way to sellers.In the early European session, the price decline paused just ahead of the 1.2530 level, prompting another attempt to the upside. However, sellers once again emerged near the top of the swing area. This level was further reinforced by the falling 100-hour moving average (MA), adding to its significance. Together, the swing area high and the 100-hour MA at 1.2614 have become critical resistance levels, acting as a key barometer for both buyers and sellers.Outlook for SellersAs long as th

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