Recently, the GBP/USD has been trading sideways at the price of 1.3180. According to the 15M time — frame, I found that shooting star candle and few doji candles near the pivot level at the price of 1.3170, which is a sign that buying looks risky. The stochastic oscillator is in overbought zone, which is another sign of weakness. My advice is to watch for potential selling opportunities. The downward targets are set at the price of 1.3115 (S1) and 1.3085 (S2).
Trading recommendations for today: watch for potential selling opportunities.